Life and politics from the Sunshine State's best city

Tag archive

Business rent tax

Business rent tax cuts still in play this Session

in Statewide/Top Headlines by

Florida’s business rent tax is one of the outstanding issues at play as lawmakers crawl toward sine die of the 2017 Legislative Session, set for May 5. As the only state-sanctioned sales tax on commercial leases in the entire nation, a pair of bills now making way through the Florida Capitol that attempt to lighten the load on commercial businesses, which pay more than $1.7 billion in rent taxes every year. Included in the House’s tax package is HB 7109,…

Keep Reading

Pat Neal: Business rent tax stifles Florida’s economic future

in Statewide/Top Headlines by

The business rent tax is the only state-sanctioned sales tax on commercial leases in the entire country and Florida is the not-so-proud holder of that title. Not even tax-happy havens like California and New York impose this state tax on its businesses. Due to this burdensome tax, Florida businesses shell out more than $1.7 billion every year to the state. As a result, our state economy dramatically suffers in the form of suppressed job growth and economic activity. Luckily, Gov.…

Keep Reading

No. 1 priority for Independent Business group is commercial rent tax cut

in Statewide/Top Headlines by

A 1 percent cut in the commercial rents sales tax tops the list of legislative priorities for the National Federation of Independent Business, the small-business lobbying group announced Tuesday. “In 2016, we’re focusing on giving back to our state’s economic drivers and helping clear the way for job creators to own, operate and grow their businesses,” said NFIB Florida Executive Director Bill Herrle. “As a result, tax cuts for small businesses are at the top of our list, and NFIB…

Keep Reading

New business coalition video calls for elimination of Florida Rent Tax

in Statewide/Top Headlines by

Florida businesses pay too much in a rent tax, and a new coalition is looking to change that starting with the 2016 Legislative Session. In a new video released Thursday, the Business Rent Tax Coalition, a group of small businesses and other business interests, calls for lawmakers to eliminate Florida’s 6 percent business rent tax over the next six years, beginning with a 1 percent cut starting next year. “Florida is moving in the right direction,” the video says, “taxes…

Keep Reading

Florida Chamber welcomes Rick Scott’s $1 billion “targeted tax reforms”

in Statewide/Top Headlines by

Florida’s Chamber of Commerce welcomes the “targeted tax reforms” called for Thursday by Gov. Rick Scott which include reducing business rent tax and sales tax on manufacturing machinery and equipment. Scott is recommending $1 billion in tax cuts through a series of reductions and a possible elimination of the state’s corporate income tax. The governor believes his plan is necessary to prepare Florida for the next economic downturn. Chamber Executive Vice President David Hart points out that the proposal is…

Keep Reading

Go to Top