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Tag Information
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Sales Tax - Definition Information
The Tax Collector is the agent of the Florida
Department of Revenue for the collection of certain sales taxes, which is
7%. This includes the county discretionary tax of 1% on purchases up to $5,000.00.
Definitions of Sales Tax are as follows:
Discretionary Tax
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Additional surtax imposed by certain
counties on
vessels and/or vehicles purchased by residents of
that county. |
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Sales Tax
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A tax imposed by the State of Florida on
vessels
and/or vehicles sold in the State of Florida (sales
tax is collected on the purchase price of the
vessel/vehicle less the retail value of the trade-in). |
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Use Tax
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A tax imposed by the State of Florida on
the purchase
of a vessel and/or vehicle which was not purchased
in Florida, but brought into and used in Florida during
the first six months of ownership. Proof of actual
sales tax paid in other states may be allowed as a credit
against this use tax. Vessels/vehicles previously regis-
tered in a foreign country are subject to the full use
tax regardless of how long they have been owned or how
much tax was paid in the foreign country. |
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Sales Tax Exemption
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Sales tax is not collected on a gift,
inheritance, equal
trade, trade-down, divorce settlement, transfer between
spouses, business, promotional and rental purposes. |
For more in-depth explanations of how and when
sales tax is applied for vessels/vehicles please
Click Here.
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