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These states offer residents a chance to only pay federal taxes on the money they earn. Although there’s no Florida income tax for individuals, the state does charge a 5.5% corporate income tax ...
Community portal; Recent changes; Upload file; Search. Search. Appearance. Donate; ... Florida Department of Revenue is a state agency of Florida concerned with taxes.
The chief financial officer of Florida is an elected statewide constitutional officer of Florida. The office was created in 2002 following the 1998 reforms of the Florida Cabinet . The CFO is a combination of the former offices of comptroller and treasurer/insurance commissioner/fire marshal .
The attorney general is head of the Florida Department of Legal Affairs. [6] [7] The Florida chief financial officer's duties include monitoring the state's finances and fiscal well-being, auditing and assuring that state programs are properly spending money and overseeing the proper management of the revenue and spending of the state. [8]
As the Depression deepened, many Florida property owners found themselves unable to pay their property taxes and in serious danger of losing their homes. In response to this problem, State Representative Dwight Rogers of Fort Lauderdale in 1933 proposed and passed legislation to place the $5,000 Homestead Exemption Amendment on the state ballot.
The revenue payment essentially worked as a loan to the government, which paid interest on it. Although this scheme was a profitable enterprise for the government as well as the publicani , it was later replaced by a direct tax system by the emperor Augustus ; after which, each province was obliged to pay 1% tax on wealth and a flat rate on ...
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The state Department of Revenue collects all taxes for the counties, keeping 2% of the tax to defray expenses. The remaining 98% is distributed to local governments for tourism promotion. [ 33 ]
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