Favorable Tax Climate
Favorable Tax Climate

All in favor say NO

  • No corporate income tax on limited partnerships
  • No corporate income tax on subchapter S corporations
  • No state personal income tax, guaranteed by Florida’s constitution
  • No corporate franchise tax on capital stock
  • No state level property tax assessed
  • No property tax on business inventories
  • No property tax on goods-in-transit for 180 days
  • No sales and use tax on goods produced in Florida for export
  • No sales tax on purchases of raw materials incorporated in a final product for sale
  • No sales and use tax on co-generation of electricity