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Type of Tax. Tax Rate Range. General sales tax. 6%. State income tax. 0%. Corporate income tax. 5.5%. Average Florida property tax. 0.91%
The earlier you file, the sooner you get your refund and the less likely you are to minimize room for errors that could delay your tax return. The last day to file your taxes is April 15, 2024 ...
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Florida Department of Revenue is a state agency of Florida concerned with taxes. It is headquartered in Tallahassee . [ 1 ] It was established to ensure compliance with tax regulations and to provide essential financial services, the FDOR plays a crucial role in managing Florida's fiscal resources.
Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
Florida – no individual income tax [10] but has a 5.5% corporate income tax. [11] The state once had a tax on "intangible personal property" held on the first day of the year (stocks, bonds, mutual funds, money market funds, etc.), but it was abolished at the start of 2007. [12] Nevada – no individual or corporate income tax.
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