The Florida Department of Revenue has published a Tax Information Publication (TIP) on its web site detailing the provisions and instructions for the conduct of the 2012 Back To School Sales Tax Holiday. As you recall, the Back to School Sales Tax Holiday was a major legislative initiative of the Florida Retail Federation during the 2012 Legislative Session, which was successfully passed and signed into law.
The Sales Tax Holiday will run for the period starting August 3, 2012, through August 5, 2012, and will cover clothing up to $75 and school supplies up to $15. A detailed listing of exempt items has also been published by the Department of Revenue.
Please contact me if you have any questions (850.222.4082).
Executive Vice President
Randy is responsible for coordinating all aspects of FRF's government affairs efforts.
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For many years sales subject to state sales taxes across the country, including Florida, have not been collected. Due to a 1992 Supreme Court decision, when sales occur over the Internet by a seller whose physical presence is outside of Florida, that retailer does not need to collect Florida’s state sales tax. The practical impact of this decision has been to leave billions of dollars of sales tax collections uncollected.
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