SALT Select Developments

Two Sales Tax Holidays Announced: On May 8, 2024, the Florida Department of Revenue (Department) announced two sales tax holidays that will be effective at different times in the remainder of 2024. As published in Tax Information Publication #24A01-05, the Department announced that the Freedom Month Sales Tax Holiday on Specific Admissions and Outdoor Activities Supplies would be effective July 1, 2024, through July 31, 2024. During such time, and according to that Publication, sales tax is not due on the retail sale of admissions to music events, sporting events, cultural events, specific performances, movies, museums, state parks, and fitness facilities; and additionally, exempt from the sales tax during this holiday period are electric scooters, eligible boating and water activity supplies, camping supplies, fishing supplies, general outdoor supplies, and residential pool supplies. Separately, and as announced in Taxpayer Information Publication #24A01-06, a sales tax holiday for Tools Commonly Used by Skilled Trade Workers will be effective from September 1, 2024, through September 7, 2024. According to such Publication, and during that sales tax holiday period, tax is not due on the retail sale of eligible items related to tools commonly used by skilled trade workers - but does not apply to rentals of any eligible items, nor to sales within a theme park, entertainment complex, public lodging establishment, or an airport. Both of these Publications set forth a listing of eligible items as well as addressing many questions regarding the administration of these sales tax holidays. More information can be found here and here.

For additional information contact Duane L. Pinnock (Fort Lauderdale) or Marty Hartley (Orlando).