The Florida Department of Revenue published the discretionary sales surtax rates for 2014 (http://www.floridasalestax.com/documents/FL-Discretionary-Sales-Tax-Rates-2014.pdf). Florida imposes a state-wide 6% sales tax, but most Florida counties impose an additional local sales tax rate known as the “discretionary sales surtax” or “local option county sales tax.” The discretionary sales surtax rates currently…
Florida Governor Rick Scott called for beginning a phase-out of sales tax on commercial rents in fiscal year 2014—2015. A general announcement, but no specifics of the phase-out, was provided in a FAQ statement issued by the Governor’s office on January 28, 2014 (http://www.flgov.com/wp-content/uploads/2014/01/FAQ.pdf). Florida generally imposes sales tax on…
Williams Parker regularly helps the area’s most innovative companies achieve their global objectives. Whether expanding a back-office support center in Mumbai, establishing a joint venture manufacturing operation in Mexico, or securing a trademark in France, our clients rely on us to help them address their business challenges wherever their business…
How to Keep Your Options Open Almost everyone reading this article has by now received advice from their financial and tax advisors to accelerate sales of assets with built-in gains into the 2012 calendar year, to lock in the current 15% federal long-term capital gain tax rate. This is because,…
