Dean Mead’s Tax Department handles tax planning issues for businesses and individuals. The attorneys in our department have extensive experience in a full range of…
On March 10th, the President of the Florida Senate and Speaker of the House outlined a plan to pass Senate Bill 50 and its companion, House Bill 15. Today, the Ways & Means Committee approved House Bill 15, including an amendment to eliminate a substantial reemployment tax increase that was set to go into place this year. Senate Bill 50 is scheduled to be considered by the full Senate next week.
Effective July 1, 2021, the bills would require remote retail sellers of tangible personal property to register for sales and use tax with the Florida Department of Revenue if they have more than $100,000 in aggregate retail sales during the prior calendar year. The bill also adopts marketplace provider language.
Access the full Senate press release regarding the plan here.