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Tax Advantages
State of Florida's Tax Climate
Doing business in Florida affords the following tax advantages:
  • No Corporate income tax on limited partnerships
  • No corporate income tax on Subchapter S Corporations
  • No state personal income tax guaranteed by the Florida constitution
  • No corporate franchise tax on capital stock
  • No state level property tax
  • No property tax on business inventories
  • No property tax on goods-in-transit for up to 180 days
  • No sales / use tax on Florida goods produced for export
  • No sales tax on purchase of raw materials for specified qualifying uses
  • No sales / use tax on boiler fuels
  • No sales / use tax on co-generation of electricity

For More Information
Please check with the Florida Department of Revenue for more details and an application for tax exemptions and rebates.

If you have any questions, please contact Economic Development Director Joe Mannarino at 386-676-3266.