Florida Commercial Lease Sales Tax Rate Further Reduced

  • March 26, 2018
  • /   Author Name
  • /   Articles,Real Estate,Tax
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By: Matthew R. O'Kane and Joaquin E. Martinez

Effective January 1, 2019, the State of Florida’s sales tax rate on rental payments for the lease of commercial real property will be reduced from 5.8% to 5.7% for rental payments received for occupancy periods beginning on or after January 1, 2019.  This will be second reduction in the last two years.

Note that the sales tax reduction does not affect the local discretionary sales surtax imposed by many Florida counties. The combined sales tax and discretionary sales surtax rate for certain Florida counties for 2018 and 2019 are listed below:

Brevard County6.8%6.7%
Hillsborough County6.8%8.2%
Lake County6.8%6.7%
Orange County6.3%6.2%
Osceola County7.3%7.2%
Pinellas County6.8%6.7%
Polk County6.8%6.7%
Seminole County6.8%6.7%
Volusia County6.3%6.2%

For more information, contact the Tax Group or the Commercial Leasing Group at Lowndes, Drosdick, Doster, Kantor & Reed P.A.

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