DATE ISSUED: May 13, 2011
Phosphate Rock Producers
On July 1 of each year, the tax rates for production of gas and sulfur are adjusted as provided by law. The rates are calculated based on the previous calendar year's producer price indices published by the Bureau of Labor Statistics. These adjusted rates must be used in completing the Declaration of Estimated Gas and Sulfur Production Tax (Form DR-144ES) beginning with the July 2011 estimated payment. Form DR-144ES will be mailed to all active accounts during the last week of July.
|Gas Production||Sulfur Production|
|Base Rate Adjustment Factor||2.01579||2.34192|
|New Tax Rate Effective July 1, 2011||$0.345 per MCF||$5.69 per ton|
References: Sections 211.025 and 211.026, Florida Statutes
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 Internet site at www.myflorida.com/dor or call Taxpayer Services, 8:00 a.m. to 7:00 p.m., ET, Monday through Friday, excluding holidays, at 800-352-3671.
For a detailed written response to your questions, write the Florida Department of Revenue, Taxpayer Services, Mail Stop 3-2000, 5050 West Tennessee Street, Tallahassee, FL 32399-0112.