Gov. Rick Scott Proposes $100 Million Tax Cut On Commercial Leases

Taking the final bite out of his commitment to eliminate $500 million in taxes and fees for the upcoming legislative session, Gov.Rick Scott announced Tuesday a proposal to cut sales taxes on commercial rents.
The savings to Florida businesses: $104 million, according to a statement issued by Scott’s office.
The governor’s budget reduces the tax on commercial leases by one half of a percentage point from its current 6 percent.
The proposal is the last plank in a plan that includes the governor’s previously announced call for a $400 million reduction in car registration fees.
 
Source:  SFBJ