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TIP #02ADM-02
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| State Project Title | Florida Statutes | Catalog of State Financial Assistance # (See CSFA Website) |
| AVIATION TAX | ||
| Ultimate Vendor Credit or Refund for Air Carrier increase in Workforce | 206.9825(1)(b) | 73.005 |
| SALES TAX | ||
| Machinery and equipment used to increase productive output | 212.08(5)(b) | 73.007 |
| SUT Exemption for Machinery and Equipment Used In Production of Electricity or Steam Energy (Partial Exemption Refund) | 212.08(5)(c) | 73.008 |
| Machinery and equipment used under federal procurement contract | 212.08(5)(d) | 73.009 |
| Building materials used in rehabilitation of enterprise zones | 212.08(5)(g) | 73.010 |
| Business property used in an enterprise zone | 212.08(5)(h) | 73.011 |
| Building materials for construction of single-family homes | 212.08(5)(n) | 73.013 |
| Building materials in redevelopment projects | 212.08(5)(o) | 73.012 |
| Equipment used to deploy broadband technologies | 212.08(5)(p) | 73.014 |
| Enterprise Zone Jobs Credit | 212.096 | 73.015 |
| Facility for a new professional sports franchise or a facility for a retained professional sports franchise | 212.20 & 288.1162 | 73.016 |
| Professional golf hall of fame | 212.20 & 288.1168 | 73.017 |
| International Game Fish Association World Center facility | 212.20 & 288.1169 | 73.018 |
| STATE REVENUE LAWS; GENERAL PROVISIONS | ||
| Declared Emergency; Waiver Suspension of Specified Revenue Laws | 213.055 | 73.001 |
| CORPORATE INCOME TAX | ||
| Enterprise zone jobs credit | 220.181 | 73.019 |
| Enterprise zone property tax credit | 220.182 | 73.020 |
| Child-Care Tax Credits | 220.19 | 73.021 |
| INSURANCE PREMIUM TAX | ||
| Child-Care Tax Credits | 624.5107 | 73.022 |
Taxpayers receiving State Financial Assistance in the form of tax credits, tax refunds or direct distributions as listed above, must comply with audit, report submission, and record retention requirements for receiving state financial assistance under the Florida Single Audit Act. The Florida Single Audit Act is applicable to any nonstate entity fiscal year beginning on or after July 1, 2000, and is codified in Section 215.97, Florida Statutes.
In the event that the recipient (taxpayer) receives a total amount of state financial assistance equal to or in excess of $300,000 in any fiscal year of such recipient, the recipient must have a State single or project-specific audit for such fiscal year in accordance with Section 215.97, Florida Statutes.
If the recipient receives less than $300,000 in state financial assistance in its fiscal year, an audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, is not required. In the event that the recipient receives less than $300,000 in state financial assistance in its fiscal year and elects to have an audit conducted in accordance with the provisions of Section 215.97, Florida Statutes, the cost of the audit must be paid from the nonstate entity's resources (i.e., the cost of such an audit must be paid from the recipient's resources obtained from other than State entities).
The following web sites provide further information to assist recipients and their independent auditor's compliance with the Florida Single Audit Act:
- Florida Single Audit Act Website:
https://apps.fldfs.com/fsaa/
- Catalog of State Financial Assistance Website
https://apps.fldfs.com/fsaa/catalog.aspx
- Auditor General Florida Single Audit Act Rules
http://www.state.fl.us/audgen/pages/rules.htm
Copies of financial reporting packages shall be submitted by or on behalf of the recipient directly to each of the following:
The Department of Revenue at the following address:
Robert C. Livingston, CPA
Florida Department of Revenue
General Tax Administration Program
5050 West Tennessee Street - Building D-5
Tallahassee, Florida 32399-0100
The Auditor General's Office at the following address:
Auditor General's Office
Room 401, Pepper Building
111 West Madison Street
Tallahassee, Florida 32399-1450
Financial reporting packages submitted to the Department of Revenue for audits performed in accordance with Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General, should indicate the date that the reporting package was delivered to the recipient in correspondence accompanying the reporting package.
If you have any questions, please contact:
Robert C. Livingston, CPA
Florida Department of Revenue
General Tax Administration Program
5050 West Tennessee Street
Building D-5
Tallahassee, Florida 32399-0100
livingsb@dor.state.fl.us
References: Section 215.97, Florida Statutes; Chapters 27D-1 and 3A-5, Florida Administrative Code; Chapters 10.550 and 10.650, Rules of the Auditor General
FOR MORE INFORMATION
This document is intended to alert you to the requirements contained in Florida laws and administrative rules. It does not by its own effect create rights or require compliance.
For forms and other information, visit our site at www.myflorida.com/dor. Or call Taxpayer Services, Monday through Friday, 8:00 a.m., to 7:00 p.m., ET, at 800-352-3671 (for Florida residents only), or 850-488-6800
Hearing- or speech-impaired persons should call our TDD at 1-800-367-8331 or 850-922-1115.
For a detailed written response to your questions, write the Florida Department of Revenue, Taxpayer Services, 1379 Blountstown Highway, Tallahassee, FL 32304-2716.
To receive a fax copy of a form, call 850-922-3676 from your fax machine telephone.