The Florida sales tax rates on commercial leases remains at 5.5% for 2023. A few Florida counties have made modifications to the discretionary sales tax rates for 2023. Alachua County added a new 1% local government infrastructure surtax, which replaces the previously effective .5% local government infrastructure surtax. Flagler County extended its current .5% school … Read more
VIEW UPDATE FOR 2023 The Florida sales tax rates on commercial leases remains at 5.5% for 2022. Last April, Senate Bill 50 provided a route to reduce the state sales tax rate on commercial leases (see here) The law requires a reduction in the sales tax rate from 5.5% to 2% after Florida’s Unemployment Trust … Read more
Early this year, the news in Florida’s business rent tax, the sales tax applicable to commercial leases in Florida, was that there is no news. After several straight years of reductions in the sales tax rates on commercial leases, the rates for 2021 held steady at 5.5% plus the applicable discretionary surtax. Today, only a … Read more
Update: Hillsborough County tax went down from 8% to 7% effective March 16, 2021. The business rent tax reductions are coming back – and stronger than ever. ———- The Florida sales tax rates on commercial leases remain unchanged for 2021. In February of last year, the Florida legislature proposed a reduction on the rate of … Read more
What happens when you cannot perform under your contracts due to complications surrounding the Coronavirus (COVID-19)? Are you excused from performing or are you permitted to delay performance of your obligations? Can you terminate the contract entirely? The short answer is, it depends. Each situation is individual and specific to the contract language and circumstances … Read more
Recent government enforced closures, social distancing and a general change in commerce as a result of the effects of COVID-19 are having astronomical impacts on retail tenants throughout the United States. Retail tenants and their landlords are struggling with how to respond to the sudden loss of sales. Do Tenants have a right to abatement … Read more
By: Heather S. Moraes, Mya M. Hatchette, J. Jeffrey Deery, and C. Andrew Roy Thank you to those who were able to attend the WHWW zoom discussion today. For those of you who missed or want to see it again, the link to the lecture and material is below. VIEW DISCUSSION
On November 22, 2019, the Florida Supreme Court declined to accept jurisdiction over a case involving the right of a patient to cultivate marijuana for his own medicinal purposes. In doing so, Florida has declined to be added to the increasing minority of states that now allow homegrown marijuana. Prominent Tampa strip-club owner Joe Redner … Read more
NEW LAWS IN EFFECT JANUARY 1, 2020 On January 1, 2020, the Florida sales tax rate on commercial leases will be reduced yet again, for the third time in the last three years. The rate will be reduced from 5.7% to 5.5% for payments received for occupancies on or after January 1, 2020. The tax … Read more