The repeal does not go into effect immediately. Although House Bill 7031 was signed into law on June 30, 2025, Florida’s sales tax on commercial real estate property rentals repeal is effective ...
On Oct. 1, 2025, the state sales tax on commercial property leases will be repealed with the implementation of Florida HB 7031, potentially prompting some businesses to restructure their Florida real ...
HB 7031 was adopted by the Florida legislature and signed into law by Governor DeSantis on June 30, 2025. Among other modifications to Florida tax law, the Bill repeals Section 212.031, Florida ...
Currently, Florida is the only state in the United States to charge a statewide sales tax on commercial rents. This unique tax was enacted by Florida’s Legislature in 1969 in an effort to increase the ...
GOP leaders’ marquee plans to deliver tax relief to Floridians dealing with the rising cost of living fizzled as they wrapped up a lengthy, contentious session this week. The Legislature adjourned ...
Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so. At a conference of the Florida Realtors in Orlando on Monday, DeSantis said he wants to provide a tax break to ...
TALLAHASSEE, Fla. — House Speaker Danny Perez will need to persuade two of Florida’s top Republicans — Gov. Ron DeSantis and Senate President Ben Albritton — if he wants to make a historic cut to ...
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