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Blair & Company Cpas
Beginning January 1, 2007, individuals, married couples, personal representatives of estates, and businesses are no longer required to file an
The last annual intangible tax return that these taxpayers were required to file was the 2006 return that was due by June 30, 2006. Any intangible taxes owed to the State for that return or prior years are still due.
Not all intangible taxes have been repealed. The intangible tax on leases of government-owned real property and the one-time intangible tax on notes secured by a mortgage on Florida real property are still in effect.
For more information, see the Department of Revenue's Tax Information Publication (TIP) #07C02-01.
| Address | 3810 Williamsburg Park Blvd Jacksonville, FL 32257-9221 |
| Phone | (904) 636-0730 |
| Website | www.blairandco.com |
Florida's Intangible Personal Property Tax (IPPT)
Beginning January 1, 2007, individuals, married couples, personal representatives of estates, and businesses are no longer required to file an annual intangible personal property tax return reporting their stocks, bonds, mutual funds, money market funds, shares of business trusts, and unsecured notes. The Legislature has repealed the annual tax on these properties.The last annual intangible tax return that these taxpayers were required to file was the 2006 return that was due by June 30, 2006. Any intangible taxes owed to the State for that return or prior years are still due.
Not all intangible taxes have been repealed. The intangible tax on leases of government-owned real property and the one-time intangible tax on notes secured by a mortgage on Florida real property are still in effect.
For more information, see the Department of Revenue's Tax Information Publication (TIP) #07C02-01.
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