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Florida Senate Bill 352 proposes unique sales tax holiday for virtual currency purchases in 2025

  • Florida Senate Bill 352 proposes a new type of sales tax holiday
  • The holiday would be in effect from June 1, 2025, to July 31, 2025
  • During this period, sales tax would not be due on purchases made with virtual currency
  • The exemption applies to tangible personal property and services
  • Eligible establishments include grocery stores and bars

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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