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Florida: Proposed Rules Reflect New Remote Seller and Marketplace Laws and Rounding Algorithm

The Florida Department of Revenue announced that it will hold a public hearing on March 29 to discuss proposed rules reflecting state law that requires some marketplace providers and out-of-state retailers to register for, collect, and remit applicable Florida sales taxes, including applicable local discretionary sales surtaxes, and replaces Florida’s sales tax bracket system with a new rounding algorithm.

Source Deloitte

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