State Tax Laws - Florida

There is no individual income tax in Florida. Also there is no estate tax in Florida. However there is a corporate tax- a flat 5.5%. Sales tax is set at 6% with up to 9.5% in various localities. Pass-through entities have no tax filing obligations although there is still an annual business reporting that is due$138.75 for LLCs and $150 for corporations. Florida business portal can be viewed at: http://www.sunbiz.org/


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