Articles in Category: 'sales tax'

By: John Kennedy News Service of Florida | Posted: December 15, 2010 4:05 AM

Florida’s budget shortfall hit at least $3.5 billion Tuesday as analysts dialed-back the state’s revenue forecast, saying sluggish tax collections and a still-faltering economy are complicating the balancing act facing Gov.-elect Rick Scott and legislators.

 
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By: Kenric Ward | Posted: May 28, 2010 11:25 AM

The jobs bill on the governor's desk and awaiting his signature at this hour will provide smoother sailing for luxury yacht buyers, but not so much for jet purchasers.

A late amendment to Senate Bill 1752 placed an $18,000 cap on the sales tax that applies to luxury boats. That means the tax paid on a $3 million vessel, or even a $10 million vessel, will be the same as the levy paid on a $300,000 boat.

 
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By: Kevin Derby | Posted: March 30, 2010 4:05 PM

Florida parents shopping for back-to-school deals may be able to avoid sales taxes if a bill creating a sales tax holiday works its way through the Legislature.

Florida has held sales tax holidays for seven of the last 10 years, but not since 2007. Gov. Charlie Crist called for a sales tax holiday in his State of the State address on March 2.

 
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By: Kenric Ward | Posted: March 2, 2010 (All day)
Florida businesses are pleading with Tallahassee for tax relief. Several proposals are emerging that promise relief in the short- and long-term.

CORPORATE TAX: Gov. Charlie Crist wants to lower the business tax from 5.4 percent to 4 percent. Business leaders say that's a good start, but more can be done.

UNEMPLOYMENT TAX: Under a deal struck by Republican legislative leaders and leading business groups, lawmakers hope to delay most of the pain for two years.
 
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