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The state's gas tax holiday expires on Nov. 1, meaning Florida drivers will be paying an extra 25 cents a gallon.
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The Florida Department of Revenue has extended the deadline for hotels and businesses to remit any bed taxes collected in Lee County. After Hurricane Ian, the agency issued an emergency order to extend September and October due dates to November 23, 2022.
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The properties affected includes real property, homes or businesses destroyed or rendered uninhabitable by Ian's impacts.
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The proposal would require approval from lawmakers during the 2023 legislative session. It includes sales-tax exemptions for a year on books for readers under age 17, toys for children between ages 2 and 12 and athletic equipment for kids under 18.
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Past proposals failed because of concerns by Republicans that they could be viewed as increasing taxes on consumers.
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It would require out-of-state retailers to collect and remit Florida’s sales tax, producing an estimated $1 billion a year in revenue.
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Senate President Wilton Simpson says it will prove "probably the single largest tax break for small businesses."
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Florida business groups have argued for years that retailers in the state are at a competitive disadvantage because out-of-state businesses aren’t collecting sales taxes.
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State GOP chairman Sen. Joe Gruters says it could add more than $600 million a year to Florida's economy, which has taken a hit during the coronavirus pandemic.
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Florida residents will get a break on the cost of school supplies this weekend during the state’s back-to-school sales tax holiday.