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Florida State & Local Tax (SALT) Compliance involves ensuring businesses and individuals meet their tax obligations to the state of Florida and its various local jurisdictions. This includes accurate calculation, timely filing, and payment of various state and local taxes.
Florida is notable for having no individual state income tax, making Sales and Use Tax a primary revenue source. The statewide sales tax rate is 6%, with local option surtaxes that can increase the combined rate. Corporate Income Tax applies to C-corporations at a current rate of 4.458% of adjusted federal income, and various property taxes are levied at the county and municipal levels. Businesses must register with the Florida Department of Revenue for most tax types.