Information for
Tax Incentives
The State of Florida promotes economic growth and investment by offering tax credits and refunds to qualified businesses.
Florida's Enterprise Zone Program
Florida's Enterprise Zone Program encourages economic growth and investment in distressed areas by offering tax advantages and incentives to businesses that are located in and/or invest in these areas. Sales tax and corporate income tax filers may apply for tax credits and refunds under this program.
The Governor's Office of Tourism, Trade, and Economic Development (OTTED) administers the program and Enterprise Florida helps market it to businesses. The Florida Department of Revenue audits completed and approved tax incentive applications and provides technical assistance about eligibility requirements.
Taxpayers interested in qualifying to receive a tax credit or refund should first contact the local enterprise zone coordinator.
Learn more about sales tax incentives.
Learn more about corporate tax incentives.
Film in Florida Sales Tax Exemption
Companies that produce motion pictures (for theaters or television), television series, commercial advertising, music videos or sound recordings may qualify for a sales tax exemption on the purchase of certain equipment used in the productions. The production company must apply for a certificate of exemption and present it when buying or renting the equipment. Learn more about the film in florida sales tax exemption.
Tax Credits for Contributions to Nonprofit Scholarship Funding Organizations
Florida corporate income and insurance premium taxpayers may receive credits for contributions to nonprofit scholarship funding organizations (SFOs). Find eligible nonprofit SFOs at http://www.floridaschoolchoice.org/ or apply for the credit now.
Renewable Energy Tax Incentives
These incentives encourage infrastructure development that supports hydrogen and biofuels technologies. Sales tax exemptions and corporate income tax credits are available for qualified businesses. Before submitting a sales tax refund claim or claiming a credit on your corporate income tax return, you must complete and submit an application to Florida's Energy and Climate Commission. The application is available on the Commission's web site.
Also, corporate income tax filers may apply for a credit based on the amount of electricity produced from renewable energy sources at a new or expanded Florida facility. Read Revenue's Tax Information Publication (TIP) #07C01-01 to find out more. To apply for the credit, you must complete and submit Form F-1193 to the Department of Revenue.