Monthly Archives: May 2024

Business Rent Tax Reduction Takes Effect in June

A Business Rent Tax Reduction, slashing Florida’s commercial lease sales tax from 4.5% to 2.0%, starts on June 1, considerably earlier than expected. (This tax reduction was originally scheduled for July.) The change will offer Florida employers an estimated $1 billion in tax relief. The reduction, advocated for by Florida Realtors®, is the most significant…
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