- Florida began issuing Florida Tax Exempt Agricultural Materials (TEAM) Cards to farmers on January 1, 2024
- The TEAM Card allows qualified farmers to claim certain sales tax exemptions on agricultural purchases
- Farmers can present the card to sellers instead of paper exemption certificates
- Sellers must obtain a copy of the TEAM Card for exempt sales to qualified farmers
- Sellers can also request a transaction authorization number for single transactions
- Regular customers can request a vendor authorization number for exempt sales
- More information on the TEAM Card program can be found on the Florida DOR website
- The program aims to ease administrative burden on tax-exempt purchases and sales for farmers and sellers in Florida.
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
