- Florida enacted House Senate Bill 7031 on June 30, 2025
- Repeals sales and use tax on commercial real estate rentals
- Extends data center property exemption deadline by 10 years
- Creates exemption for aviation fuel
- Establishes permanent and seasonal sales tax holidays
- Provides sales tax relief on exports
- Business rent tax of 2 percent no longer applicable from October 1, 2025
- Beneficial for landlords and tenants in Florida
- Businesses can deactivate or cancel sales tax accounts
- Final tax return and payment required within 15 days of account closure
- No longer responsible for collecting local sales and use tax on commercial rentals
- Data center exemption certificates extended to June 30, 2037
- New requirements for data center exemption include 100 megawatts IT load and USD 150 million investment
- Unclear if new exemption rules apply to existing data centers
- Florida was the only state with sales tax on commercial rentals
- Repeal expected to reduce tenancy costs and administrative burden
- Data center operators must assess applicability of new rules
Source: vatabout.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.
