Jones Foster Real Estate Attorneys Discuss Elimination of Sales Tax on Commercial Rents in Daily Business Review
Jones Foster real estate attorneys Carlee G. Mattison and L. Benton Alexander, Jr., a Florida Bar Board Certified Specialist in Real Estate and Palm Beach Managing Shareholder, co-authored an article for the Daily Business Review titled “Florida Eliminates Sales Tax on Commercial Rents.”
The article discusses House Bill 7031 (HB 7031), which eliminates Florida’s state sales tax on commercial rents effective October 1, 2025, making Florida more competitive with other states by removing a long-standing tax burden on businesses.
From a real estate perspective, the attorneys highlight practical considerations for landlords, tenants, and purchasers of commercial property as they navigate this transition, such as updating lease language, ensuring accurate billing practices post-implementation, and obtaining certificates of compliance to avoid potential successor liability for prior sales tax obligations.
Read the full article: Florida Eliminates Sales Tax on Commercial Rents