Tag: Florida House Bill 7031

July 07 Florida Repeals Sales Tax on Commercial Leases: What Property Owners and Tenants Need to Know

In a landmark move for Florida’s commercial real estate sector, the state legislature has officially repealed the sales tax on commercial leases, effective October 1, 2025. This long-anticipated change, enacted through House Bill 7031, eliminates both the state-level 2% tax and the local option surtaxes that have historically applied to commercial rental payments.  What’s Changing? For decades, Florida stood alone as […]

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