April 28, 2020
The Florida Department of Revenue has issued Emergency Order 20-52-DOR-003 which extends the original filing and payment due dates for corporate returns as follows:
Corporate Taxpayers with a Fiscal Year Ending December 31, 2019:
Corporate Taxpayers with a Fiscal Year Ending January 31, 2020:
Corporate Taxpayers with a Fiscal Year Ending February 29, 2020:
April 1, 2020
The property tax payment deadline has been extended to March 31, 2020. Property tax returns for railroad, railroad terminal, private car, freight line and equipment company property has been extended to from April 1, 2020 to April 15.
Florida once again in a new ruling determined that market-based sourcing was more appropriate for a technology-based company that provides a platform for developers to create and sell software apps. See FL TAA No. 20C1-001. The state continues to interpret that its statute for the sourcing sales of an “income-producing activity” occurred where the customer is located, opposed to where the company incurred costs to deliver the services. There has been a number of rulings in the last many years in FL that have made similar determinations across a number of service industries, and we are continuing to monitor to see if at some point this is challenged and overturned.
Beginning on or after January 1, 2020, the Florida sales tax rate imposed on the total rent charged for either renting, leasing, letting, or granting a license to use real property is decreased to 5.5%. Examples of real property rentals subject to tax include commercial office or retail space, warehouses, and self-storage units or mini-warehouses. The local option discretionary sales surtax continues to apply to the total rent charged by the county where the property is situated. Regardless of when rent is actually paid, sales tax is due at the rate in effect during the time the tenant occupies or is entitled to occupy the real property. (Florida Tax Information Publication No. 19A01-11, 10/30/2019.)