Related: Corporate
Clear FilterFlorida Tax Legislation Provides a Hodgepodge of Tax Breaks Totaling Over $400 Million
Florida House Bill 33, which was enacted just a few weeks ago, provides a number of tax cuts and incentives. The bill’s key provisions include: A $60,000 cap on the amount of sales tax paid on repairs of a vessel, which would apply to a repair costing in excess of…
Florida Supreme Court Rules for Expedia: Only the Amount Paid by Online Travel Company to Secure Hotel Reservation is Subject to Bed Tax
In a closely watched case, the Florida Supreme Court recently ruled that the tourist development tax (aka the bed tax) is not applicable to the total monetary amount charged by online travel companies, like Expedia, to secure hotel reservations. Counties may only tax the actual amount paid by the online…
Some Tax-Motivated Couples Don’t Marry Under the Law, Even If They Are Bound In Their Hearts
The Supreme Court’s decision authorizing nationwide same-sex marriage further extends marital rights. But some extraordinarily-tax-motivated same-sex couples may make the same choice that some opposite-sex couples have made for years, to avoid marriage to take advantage of tax planning opportunities married couples cannot. Marriage brings with it many tax benefits,…
The Supreme Court has issued its opinion in King v. Burwell, the much-anticipated case regarding whether Affordable Care Act subsidies are available to purchasers of insurance on the Federal Exchange or whether the plain language of the Act restricted such subsidies to only those purchasing insurance through an “Exchange established…