CS/HB 7105 - Tax Administration Summary

• Eliminates Florida estate tax return filing requirement for personal representatives of decedents dying after December 31, 2012, effective retroactively to January 1, 2013

• Expands "phosphate-related expenses" definition to include maintenance and restoration of reclaimed phosphate lands and county-owned environmental lands formerly used for phosphate mining

• Establishes criminal and monetary penalties for dealers who willfully fail to collect sales taxes after Department of Revenue notice, with penalties ranging from misdemeanor charges for amounts under $300 to felony charges for amounts $100,000 or more

• Creates new section 213.295 establishing that automated sales suppression devices ("zappers" and "phantom-ware") are contraband, subjecting violators to felony charges and liability for all unpaid taxes plus forfeiture of profits

• Modifies unemployment tax contribution rate reduction requirements to mandate employers produce requested work records to Department of Economic Opportunity and changes interest rate calculation for unpaid contributions to match section 213.235 starting January 1, 2014