Florida’s Documentary Stamp Tax

What is the Florida Documentary Stamp Tax? Florida Documentary Stamp Tax or FL Doc Stamp is a tax that is charged on loan contracts or notes, deeds, bonds, mortgages, liens…  The price you pay for Doc Stamps can range from $0.35 for every $100 to $0.70 for every $100. There are ways around paying this tax, but you need to contact the Department of Revenue or a Lawyer to determine the legal ways to be exempt from it. Below is a link to the Florida Department of Revenue – Doc Stamp Page. FL Doc...

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HOW TO CALCULATE SALES TAX IN FLORIDA

HOW TO CALCULATE FLORIDA SALES TAX FLORIDA’S STATE SALES TAX RATE = 6%. SOME COUNTIES IN FLORIDA HAVE A SALES SURTAX UP TO 1.5% WHAT YOU MAY NOT KNOW IS THAT, THE SURTAX IS ONLY CHARGED ON THE FIRST $5,000.00 OF YOUR PURCHASE PRICE. SO THE SURTAX CAN BE ANYWHERE BETWEEN $0.00 – $75.00. SOME COUNTIES DO NOT HAVE A SURTAX AND ONLY THE STATE RATE IS CHARGED. I HAVE PUT A LINK TO A FLORIDA SALES TAX CALCULATOR AS WELL AS THE SURTAX INFORMATION SHEET FROM THE FLORIDA DEPARTMENT OF REVENUE. I HAVE AN EXAMPLE BELOW TO EXPLAIN WHAT YOU NEED TO DO TO CALCULATE YOUR CORRECT SALES...

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