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HB 7031 Repeals “Business Rent Tax” on Commercial Leases

After years of reducing the sales tax rate on commercial real property lease payments, the Florida Legislature recently passed HB 7031, which eliminates sales tax on commercial real property rentals....more

Governor DeSantis Aims to Eliminate Florida Commercial Rent Sales Tax by 2027

As part of the proposed $115.6 billion state budget for fiscal year 2025-26, Governor DeSantis has outlined a plan to eliminate Florida's longstanding commercial rent sales tax. This proposal continues Florida's tax reduction...more

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