Effective June 1, 2024, the State of Florida’s sales tax rate on commercial real property lease payments (including base rent and additional rent) will be reduced from 4.5% to 2.0% for payments received for occupancy periods...more
A recent Florida Supreme Court decision found that the Hillsborough County 1% transportation sales surtax is unconstitutional. As a result, the decision reduced the sales tax rate on commercial lease payments in Hillsborough...more
3/24/2021
/ Commercial Leases ,
Commercial Property Owners ,
Constitutional Challenges ,
Department of Revenue ,
Florida ,
Landlords ,
Sales Tax ,
State and Local Government ,
State Constitutions ,
Surtax ,
Tax Liability ,
Tax Rates ,
Tax Reform