Page 5 - Akerman | 2016 Guide to Doing Business in Florida

3.7.1 Introduction .............................................................................................. 48
3.7.2 Formation ................................................................................................. 48
3.7.3 Management ............................................................................................ 49
3.7.4 Annual Benefit Report ............................................................................... 49

CHAPTER 4. SECURITIES REGULATION ......................................................... 51
4.1 Introduction ........................................................................................................... 51
4.2 Registration of Securities ........................................................................................ 52
4.3 Exempt Securities .................................................................................................. 53
4.4 Exempt Transactions ............................................................................................. 53
4.5 Broker-Dealer, Investment Advisor Registration ....................................................... 54
4.6 Antifraud provisions ................................................................................................ 56
CHAPTER 5. TAXATION .................................................................................... 57

5.1 United States Federal Income Taxation ................................................................... 57
5.1.1 Federal Taxation of United States Individuals .............................................. 57
5.1.2 Federal Income Taxation of United States Corporations.............................. 57
5.1.3 Federal Income Taxation of Nonresident Foreign Individuals........................ 57
5.1.4 Federal Income Taxation of Foreign Corporations ....................................... 59
5.1.5 Federal Income Taxation of Unincorporated Businesses or Branches ......... 59
5.1.6 Federal Income Taxation of Joint Ventures, Partnerships and Limited
Liability Companies ................................................................................... 59

5.2 Florida State Taxation ............................................................................................. 60
5.2.1 Florida State Sales and Use Tax ................................................................ 60
5.2.2 Discretionary County Sales and Use Surtax ............................................... 60
5.2.3 Communications Services Tax .................................................................. 60
5.2.4 Income Tax on Corporations ..................................................................... 61
5.2.5 Ad Valorem Property Tax .......................................................................... 61
5.2.6 Documentary Stamp Tax/Transfer Tax ....................................................... 61
5.2.7 Reemployment Tax ................................................................................... 62
5.2.8 Additional Florida Taxes ............................................................................ 62
5.2.9 Taxes Not Imposed .................................................................................. 62

CHAPTER 6. LABOR AND EMPLOYMENT ....................................................... 63
6.1 Federal Labor and Employment Statutes ................................................................ 63
6.1.1 Age Discrimination in Employment Act (“ADEA”). ........................................ 63
6.1.2 Americans with Disabilities Act (“ADA”). ...................................................... 63
6.1.3 Employee Polygraph Protection Act (“EPPA”). ............................................ 63
6.1.4 Equal Pay Act (“EPA”)................................................................................ 63
6.1.5 Fair Labor Standards Act (“FLSA”). ............................................................ 63
6.1.6 Family and Medical Leave Act (“FMLA”). .................................................... 63
6.1.7 Federal Contractors. ................................................................................. 64
6.1.8 Other Federal Regulations. ........................................................................ 64
6.1.9 National Labor Relations Act and Labor Management Reporting and
Disclosure Act. ......................................................................................... 64
6.1.10 Occupational Safety and Health Act (“OSHA”). ........................................... 64
6.1.11 Title VII. ..................................................................................................... 64
6.1.12 Worker Adjustment Retraining and Notification Act (“WARN”). ..................... 64

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