Overview of Sales Tax in Florida

NEWS & INSIGHTS Overview of Sales Tax in Florida Sales tax is a crucial component of state revenue systems across the United States, including Florida. Understanding how sales tax works in Florida is essential for businesses, consumers, and anyone involved in transactions within the state. This comprehensive guide will delve into various aspects of Florida’s […]

Demystifying Florida’s Communications Services Tax: A Comprehensive Overview

NEWS & INSIGHTS Understanding Florida’s Sales Tax on Services: Implications and Considerations In the landscape of state taxation, Florida’s approach to communications services tax (CST) is both intricate and significant. This tax, which applies to a range of telecommunications and related services, plays a crucial role in the state’s revenue generation and regulatory framework. In […]

Understanding Florida’s Sales Tax on Services: Implications and Considerations

NEWS & INSIGHTS Understanding Florida’s Sales Tax on Services: Implications and Considerations In the realm of state taxation, Florida stands out for its unique approach to sales tax, particularly when it comes to services. Unlike many other states that primarily tax tangible goods, Florida also levies sales tax on a broad range of services. This […]

Florida Documentary Stamp Tax is imposed on Promissory Notes

NEWS & INSIGHTS Florida Documentary Stamp Tax is imposed on Promissory Notes Having recently celebrated the 4th of July, you may find it interesting to know that Florida has its very own Stamp Act – sort of. Florida’s documentary stamp tax is imposed under Chapter 201, Florida Statutes, entitled “Excise Tax on Documents.”  Section 201.01, […]