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Archive for the ‘State Taxation’ Category

Taxpayer Rights in Florida: New Opportunity for Meaningful Reform

Published: April 20th, 2018

By: Mark E. Holcomb

The 2018 Florida Legislature granted greater independence and authority to the Department of Revenue’s office of Taxpayer Rights Advocate. Oversight of the Taxpayer Rights Advocate will shift from the Department to the Governor’s office; the Taxpayer Rights Advocate will also be responsible for recommending administrative and legislative changes to the Governor and legislative leadership to […]

2018 Florida Legislature Enacts Numerous State and Local Tax Changes

The Florida Legislature concluded its 2018 Regular Session on Sunday, March 11, 2018.  Prior to the start of the session, the Legislature filed 3,189 bills for consideration.  At the conclusion of the extended 62 day session, only 200 bills were passed.[1]  While these bills are subject to approval or veto by Governor Scott, we summarize […]

Commercial Landlord and Property Manager Alert: Complying with Florida’s New Rent Tax Rate

Published: December 21st, 2017

By: Mark E. Holcomb Vicki L. Berman

The Florida Legislature reduced the state commercial rentals tax rate from 6% to 5.8% for rental periods beginning on or after January 1, 2018. This article guides commercial landlords and property managers in complying with that rate change.  While the reduced tax rate applies to commercial rental consideration, it does not apply to other charges […]

Florida Tangible Personal Property Tax Exemption

Published: October 26th, 2012

By: Christopher R. D’Amico

On Tuesday November 6, 2012, Floridians will be asked to vote on several amendments to the Florida Constitution.   No matter what your opinion is with respect to whether it is useful or efficient for the State of Florida to pass taxation and revenue legislation via constitutional amendments, proposed Amendment 10 is worth some consideration, particularly for small […]

New State Law on Transferee Liability Provides More Certainty

Published: May 18th, 2012

In the most recent legislative session, the Florida Legislature passed House Bill 103 (Chapter 2012-55, Laws of Florida), providing for new methods whereby a person acquiring a business may not assume the transferor’s state tax liabilities.  This change should add a higher degree of certainty in business sales and purchases regarding a buyer’s assumption of […]