Page 64 - Akerman | 2016 Guide to Doing Business in Florida

5.2.7 Reemployment Tax

Reemployment tax is imposed on each employer (i) which has had in employment at least one
individual for some portion of day in each of 20 different calendar weeks (whether or not
consecutive), in current or preceding calendar year, or (ii) who has paid wages in any calendar
quarter in excess of $1,500 in current or preceding calendar year. The initial rate of employer
contribution is 2.7%, but the experience rating of employer may reduce or increase the rate.

5.2.8 Additional Florida Taxes

The following additional taxes are administered by the Florida Department of Revenue. Specific
information on imposition and rates can be found on the Florida Tax Law Library or by
contacting a Lex Mundi-affiliated Florida tax advisor.
a. Alcoholic Beverage Taxes. State excise tax on malt beverages, wines, and
other alcoholic beverages paid by consumer and collected by manufacturer
or distributor.

b. Cigarette Tax. Imposed at varying rates.

c. Motor Fuel (and diesel fuel) tax per gallon is imposed upon importation of
motor fuels.
d. Aviation fuel tax per gallon is imposed upon importation of aviation fuel.

5.2.9 Taxes Not Imposed

The following taxes are often imposed by other states but are not imposed by the State of
Florida:

a. Tax Upon Estates of Decedents.

b. Generation-Skipping Transfer Tax.

c. Income Tax. Individuals, S Corporations, Partnership, Trusts and Limited
Liability Companies that are disregarded or taxed as partnerships for Federal
Tax purposes are not subject to income taxes in Florida. However to the
extent that entities which are disregarded or taxed as partnerships for federal
tax purposes have members or partners which are subchapter C
corporations, such members or partners may be subject to Florida corporate
taxes.

d. Intangible Personal Property Tax.

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