Effective December 1, 2023, the State of Florida’s sales tax rate on commercial real property lease payments (including base rent and additional rent) will be reduced from 5.5% to 4.5% for payments received for occupancy periods beginning on or after December 1, 2023. Examples of taxable commercial real property rentals include commercial office, retail space, warehouses, convention and meeting rooms, and self-storage units.
Source: lowndes-law.com
Latest Posts in "United States"
- California Extends Sales Tax Exclusion for Energy Projects Until 2028
- Washington Expands Sales Tax to IT Services, Marketing, and Online Classes
- Illinois Expands Hotel Tax to Short-Term Rental Platforms Like Airbnb Starting 2025
- Arkansas Expands Sales Tax Exemptions for Qualified Large Data Centers Under H.B. 1444
- Texas Comptroller Denies Telecom Equipment Refund for Non-Signal Transmission Items
