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Florida Sales Taxes

There are 2 separate sales taxes in Florida, levied by the State and also by the County where your rental home is located.

Sales and Use Tax (Florida State Sales Tax)

Sales and Use tax is charged on all short term rental income and is paid over monthly, before the 20th of the following month. In many cases your Management Company will take care of the administration and make payments on your behalf. Should this item not be covered in your management agreement, you should register directly with Florida Department of Revenue. We can assist in this matter, or register on your behalf, once you have obtained your US Tax ID’s. The sales tax is set at the current rate of 7% and the Return must be sent in every month, even if it is a zero return (failure to do so, will result in a $50 penalty for each missing or late Return.)

Additional information is available from:-
Florida Department of Revenue

Tourist Development Tax

Tourist Development Tax is charged on all short term rental income and is paid over monthly, before the 20th of the following month. In many cases your Management Company will take care of the administration and make payments on your behalf. Should this item not be covered in your management agreement you are required to register directly with Tax Collector’s office, in the county where your rental home is situated. We can assist in this matter, or register on your behalf, once you have obtained your ITIN’s (Individual Taxpayer Identification Numbers). The tourist development tax is at the current rate for each county, at approx 5%, and the Tax Return must be sent in every month, even if it is a zero return (failure to do so, will result in a $50 penalty for each missing or late Tax Return.)

Additional information is available from:-
Polk County
Orange County
Osceola County
Lake County

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