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The state next week will begins a 14-day tax "holiday" that will allow shoppers to avoid paying sales taxes on items such as clothes, school supplies, and laptops.
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The tax “holiday” will allow shoppers to avoid paying sales taxes on a wide range of recreational items and activities throughout July.
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A House committee has approved a bill that would order a study to determine how much money would have to be made up if property taxes are abolished.
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As summer break winds down and students gear up for the academic year, a back-to-school tax “holiday” on items such as clothes and school supplies is set to begin Monday.
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Monthly tax collections in Florida continue to exceed expectations, while state economists are concerned that inflation will take a toll on consumer spending.
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Floridians who buy items from out-of-state online businesses will be charged sales tax under a plan signed into law by Governor Ron DeSantis. The money from the taxes will go toward the state's unemployment trust fund. Business groups are excited to see the change.
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Gov. Ron DeSantis late Monday signed into law a plan to require out-of-state online retailers to collect sales taxes on purchases made by Floridians, with the estimated $1 billion a year in revenue going to curb a pair of taxes on Florida businesses.
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State general revenues came in just above a forecast amount in July, but the coronavirus pandemic continued to hammer sales-tax collections.
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A bill giving a tax exemption on diapers and feminine hygiene products has cleared its first Florida Senate committee. On average, packaged diapers can…
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Florida parents could see cheaper diapers through legislation being considered by lawmakers. The measure by Sen. Lauren Book, D-Plantation, exempts…