Business rent tax cuts still in play this Session
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,…