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Archive for the ‘State Tax’ Category

Commercial Landlord and Property Manager Alert: Hillsborough County Tax Rate Reduced by Court Action

Dean Mead Attorney Mark Holcomb
Published: March 19th, 2021

By: Vicki L. Berman Mark E. Holcomb

The Florida Supreme Court recently invalidated the 1% transportation discretionary sales surtax approved by Hillsborough County voters in November 2018.[1] As a result, the Florida Department of Revenue advises that dealers cease collecting this 1% Hillsborough County surtax, effective immediately.[2] Commercial landlords and property managers should promptly reduce the tax rate charged in Hillsborough County […]

Florida’s Rent Tax Rate Reduced (Again) for 2020

Dean Mead Attorney Mark Holcomb
Published: December 5th, 2019

By: Vicki L. Berman Mark E. Holcomb

Commercial Landlord and Property Manager Alert:    Florida’s Rent Tax Rate Reduced (Again) for 2020 The Florida Legislature has, again, reduced the state commercial rentals tax rate for periods beginning on or after January 1, 2020.  Local option (county) surtax rates, however, remain unchanged.  While the reduced state tax rate applies to commercial rental consideration, […]

Pre-filed Legislation Would Impose Florida Sales Tax Collection Responsibilities on Remote Sellers and Marketplace Providers

Dean Mead Attorney French Brown
Dean Mead Attorney Mark Holcomb
Published: August 21st, 2019

By: H. French Brown, IV Mark E. Holcomb

Florida is one of only two sales tax-imposing states that have not implemented the U.S. Supreme Court’s seminal 2018 decision[1] authorizing states to impose sales tax collection responsibilities on remote sellers lacking a physical presence in the state.  That dubious distinction would end under recently filed proposed legislation.  Senate Bill 126 by Sen. Joe Gruters […]

Increased Florida Corporate Tax Collections Estimated to Trigger $540M in Refunds

Dean Mead Attorney French Brown
Published: August 14th, 2019

By: H. French Brown, IV

Increased Florida Corporate Tax Collections Estimated to Trigger $540M in Refunds Statewide and 2019 Tax Rate Reduction to 4.459% As previously reported by Dean Mead, Florida’s corporate income taxpayers will be receiving a significant tax refund in spring 2020 and a retroactive corporate tax rate reduction for 2019 (Tax Refunds and Rate Reductions Ahead for […]

Florida Wayfair Article in Law360

Dean Mead Attorney French Brown
Published: July 16th, 2019

By: H. French Brown, IV

Florida Tax Views: State Should Act On Wayfair In the interest of protecting in-state retailers and providing guidance to remote businesses, Florida legislation needs to address South Dakota v. Wayfair, Inc.  SALT attorneys French Brown and Robert Goldman explain why in their contributed article to Expert Analysis in Law360 Tax Authority. As states around the […]

Appeals Court Hands Florida Taxpayers Historic Victory on Property Tax Assessments

Published: April 1st, 2019

A Florida appellate court has delivered a huge win for taxpayers who contest property tax assessments. The decision was issued in Darden Restaurants Inc. v. Singh, Case No. 5D16-4049 (Fla. 5th DCA March 1, 2019).  “The ruling ensures that taxpayers will now have a fighting chance” in those cases, said Dean Mead’s Robert S. Goldman, […]

Mark Holcomb Elected as Fellow of American College of Tax Counsel

Dean Mead Attorney Mark Holcomb
Published: February 19th, 2019

By: Mark E. Holcomb

Tallahassee, Fla. — Mark E. Holcomb, a shareholder in Dean Mead’s State and Local Taxation Practice Group in Tallahassee, has been elected a Fellow of the American College of Tax Counsel (ACTC). Holcomb was one of 12 new Fellows elected into the College’s ranks at the organization’s Annual Meeting in January. Fellows of the College […]

Florida DOR Publishes Report on Impacts to Florida Taxpayers due to TCJA

Dean Mead Attorney French Brown
Published: February 15th, 2019

By: H. French Brown, IV

As previously discussed in multiple Dean Mead articles, the 2018 Florida Legislature did not have the time available to fully understand and estimate the impact from the 2017 Federal Tax Cuts and Jobs Act.  Therefore, the Legislature directed the Florida Department of Revenue to conduct an analysis of the impacts on Florida taxpayers. You can find […]