Tax Advantages

    • NO corporate income tax on limited partnerships
    • NO corporate income tax on subchapter S-corporations
    • NO state personal income tax guaranteed by constitutional provision
    • 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 up to 180 days
    • NO sales and use tax on goods manufactured or produced in Florida for export outside the state
    • NO sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging
    • NO sales/use tax on co-generation of electricity

     

     

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