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Florida on Monday enacted a new law requiring out-of-state online merchants to collect and remit sales tax, which supporters say will bring in an additional $1 billion a year that previously went ...
Sales taxes are imposed only on taxable transfers of goods or services. The tax is computed as the tax rate times the taxable transaction value. Rates vary by state, and by locality within a state. [5] Not all types of transfers are taxable. The tax may be imposed on sales to consumers and to businesses.
The vast majority of the taxes collected in Florida comes from the sales tax. Florida has a sales tax that you pay when you buy most goods and some services. The sales tax rate can vary depending ...
Florida’s state sales tax is 6%, and with local sales tax ordinances, the total sales tax can climb as high as 8.5%. Property taxes in Florida have an average effective rate of 0.83%, in the ...
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.
The Streamlined Sales Tax Project ( SSTP ), first organized in March 2000, is intended to simplify and modernize sales and use tax collection and administration in the United States. It arose in response to efforts by Congress to permanently prohibit states from collecting sales tax on online commerce. Because such a ban would have serious ...
One of Vice President Kamala Harris' proposed tax plans is to implement an unrealized capital gains tax for individuals with net wealth above $100 million. With the United States reportedly being ...
Fiscal Year 2015. This table lists the tax revenue collected from each state, plus the District of Columbia and the territory of Puerto Rico by the IRS in fiscal year 2015, which ran from October 1, 2014, through September 30, 2015. The gross collections total only reflects the revenue collected from the categories listed in the table, and not ...