The Florida Department of Revenue (“Department”) has issued DR-15DSS, its annual listing of discretionary sales surtax rates for the coming year. Notably, Collier County has repealed the 1% infrastructure sales surtax, effective December 31, 2023. This is the only change for 2024 although surtaxes in Marion and Seminole are set to expire at the end of 2024.
Florida vendors and remote sellers should ensure registers and point-of-sales systems are updated to reflect the rate changes, effective January 1, 2024. In addition, businesses must update the use tax rates in their accounting software or ERP system to reflect the changes. As a best practice, taxpayers should review sales reports on the effective date of the rate change to confirm systems are properly calculating the surtax.
The full discretionary sales surtax publication for 2024 can be reviewed on the Department’s website.
If you have questions on the local surtax rate changes or other SALT matters, please contact the HBK SALT Advisory Group at hbksalt@hbkcpa.com.
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