Florida has historically been the only state that charged sales tax on commercial leases. That changed on June 30, when Florida Gov. Ron DeSantis signed House Bill 7031 into law. Among other tax ...

(The Center Square) – According to state estimates, the ending of sales tax on commercial rentals could cost the state's general fund and local governments more than $1.5 billion annually by 2030. The ...

Sales tax still applies to rent or license fees for occupancy periods before October 1 — even if paid after that date. Example: If August or September rent is paid in October, it remains taxable.

Allan Swaringen is President and CEO of a daily valued, perpetual life REIT managed by LaSalle Investment Management, Inc. and sponsored by Jones Lang LaSalle (JLL). Allan is responsible for all ...