SB 310 - Streamlined Sales and Use Tax Agreement

• Implements Streamlined Sales and Use Tax Agreement (SSUTA) - Authorizes Florida to join a multi-state agreement to simplify sales and use tax administration by establishing uniform definitions, procedures, and certified service provider standards.

• Eliminates tax brackets and implements rounding method - Replaces the existing bracket system for calculating sales tax with a rounding-to-nearest-cent method, simplifying tax computation for sellers.

• Establishes certified service provider system - Creates framework for third-party service providers to handle tax collection and remittance on behalf of sellers, providing liability protections for compliant sellers and systems.

• Revises transaction sourcing rules - Implements new location-of-transaction rules for applying state and local sales taxes based on delivery addresses, business locations, and other standardized criteria.

• Creates amnesty and harmless provisions - Provides tax amnesty for previously unregistered sellers joining the agreement, and holds sellers and purchasers harmless from errors caused by erroneous state tax rate or jurisdiction data.