- Florida will eliminate state and local sales tax on commercial real-property leases effective October 1, 2025.
- The repeal applies to leases of office space, retail units, warehouses, and similar properties.
- Exclusions include short-term residential rentals, parking spaces, boat slips, and aircraft hangars.
- No sales tax is due for occupancy periods starting October 1, 2025, or later; earlier periods remain taxable.
- Landlords and tenants should review lease agreements and payment schedules to ensure compliance.
Source: taxually.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.
Latest Posts in "United States"
- Washington State to Tax Advertising and Retail Services Starting October 2025
- Vernon, Alabama Raises Local Sales and Use Tax Rates Effective October 2025
- Are Meal Subscription Boxes Subject to Sales Tax? Understanding Taxability by State
- Most New Jersey Voters Strongly Oppose Expanding or Raising State Sales Tax, Poll Finds
- Top 5 Sales Tax Mistakes to Avoid for Ecommerce on Black Friday & Cyber Monday
