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Treasury Department Confirms Suspension of U.S.-Russia Income Tax Treaty

The U.S. Department of the Treasury on June 17, 2024, confirmed it had formally notified Russia about the suspension of the Convention between the United States of America and the Russian Federation for the Avoidance of...more

Florida's State Sales Tax on Real Property Commercial Leases to Decrease Effective June 1, 2024

The Florida Department of Revenue released Tax Information Publication (TIP) 24A01-02 on April 8, 2024, indicating that the state sales tax rate on the "total rent charged for renting, leasing, or granting a license to use...more

Florida State Sales Tax on Commercial Real Property Leases Decreases on Dec. 1, 2023

Florida Gov. Ron DeSantis signed House Bill (HB) 7063 into law on May 25, 2023, which provides short-term and long-term tax relief for Florida taxpayers. (See Holland & Knight's previous alert, "Florida Gov. Ron DeSantis...more

U.S. Senate Approves Highly Anticipated U.S.-Chile Income Tax Treaty

The U.S. Senate, in a vote of 95-2 on June 22, 2023, approved a Resolution of Advice and Consent (the Resolution) to ratify the Convention Between the Government of the United States of America and the Government of the...more

7/19/2023  /  Chile , Double Taxation , Tax Treaty

Florida Gov. Ron DeSantis Signs 2023 Tax Bill into Law

Florida Gov. Ron DeSantis signed House Bill (HB) 7063 into law on May 25, 2023, providing short-term and long-term tax relief for Florida taxpayers. The legislation provides approximately $1.3 billion in tax breaks to Florida...more

Florida Department of Revenue, FinCEN Issue Filing Extensions After Natural Disasters

In response to the major disaster declarations issued by the U.S. federal government and the Internal Revenue Service (IRS) issuing related disaster relief by extending tax deadlines for victims of Hurricane Ian, other...more

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