VATupdate

Share this post on

Florida Department of Revenue Reduces State Sales Tax on Real Property Rent by 2%

  • Florida Department of Revenue reminded taxpayers about reduction in state sales tax on total rent charged for real property
  • Tax rate will be reduced from 4.5% to 2% effective June 1, 2024

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.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner