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Florida sales tax rate on commercial rentals reduced effective June 1, 2024

The Florida Department of Revenue issued a tax information publication on April 8, 2024, explaining that the state sales tax rate on the total rent charged for renting, leasing, letting, or granting a license to use real property (commercial rentals) is reduced from 4.5% to 2.0%, effective June 1, 2024.

Source PwC

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