Florida Lowers Sales Tax Rate on Commercial Real Property Leases Again

– Governor Ron DeSantis signed House Bill 7123 on May 15, 2019
– The state sales tax rate on commercial real property leases will be reduced from 5.7 percent to 5.5 percent effective January 1, 2020
– There is no reduction to the local option surtax, which is imposed in 0.5 percent increments by many Florida counties

https://www.williamsparker.com/insights/florida-sales-tax-rate-commercial-real-property-leases-reduced/