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HIGH TOURISM IMPACT TAX Section 125.0104(3)(m), Florida Statutes Brief Overview In addition to any other tourist development tax imposed, a >high tourism impact= county may levy an additional 1 percent tax on the total consideration charged for transient rental transactions. The tax
shall be levied pursuant to an ordinance adopted by an extraordinary vote of the county's governing body. The proceeds are to be used for one or more of the authorized uses pursuant to s. 125.0104(5), F.S. The
provisions in s. 125.0104(4), F.S., regarding the preparation of the county tourist development plan shall not be applicable to this tax. A county is considered to be a "high tourism impact" county after
the Department of Revenue has certified to such county that the sales subject to the tax exceeded $600 million during the previous calendar year or were at least 18 percent of the county=s total taxable sales under
Chapter 212, Florida Statutes, where the sales subject to the tax were a minimum of $200 million. No county authorized to levy a convention development tax shall be considered a >high tourism impact= county.
Once a county qualifies as a >high tourism impact= county, it shall retain this designation for the period of time that the tax is levied. Local Governments Eligible to Levy
Only those counties that have been certified as being >high tourism impact= counties are eligible to levy this tax. Monroe, Orange, and Osceola counties are currently certified as being "high tourism impact"
counties. Only Orange and Osceola counties are levying this tax as of June 1, 1998. Inquiries regarding the Department's estimation of these proceeds should be addressed to the Office of Research and
Analysis at (850) 488-2900 or Suncom 278-2900. For more information GO TO - http//fcn.state.fl.us/acir |
