Real Property Tax Decrease

Don’t Kill the Messenger - The Rise of the Internal Revenue Service -  Part 4

Effective January 1, 2018, the state sales tax rate for renting, leasing, or granting a license to use real property is decreasing from 6% to 5.8%. Your county surtax will remain the same, For example:

If your commercial property is in Seminole County, the rate will drop from 7% (state and county) to 6.8%. If you are in Orange County, the rate will drop from 6.5% to 6.3%.

Please make certain to adjust your commercial rental contracts to reflect the new sales tax rate effective for next year.

Previous Post
Newer Post

Leave A Comment

Skip to content