Monday, July 3, 2017
New 5.8% Rate on Florida Commercial Rents' Sales Tax
Beginning July 1, 2017, commercial rents billed and paid after July 1, 2017 for commercial properties located in Florida, will be taxed at a rate of 5.8%. Any billed but not received rents, including billings for occupancy prior to June 30, 2017 must collect and remit at 6% rate. Taxpayers must file a return to qualify for the reduced tax rate.