FL H0939

Reduces the tax rate on rental or license fees for real property from 5.8 percent to 5 percent under Florida Statutes section 212.031(1)(c)

Reduces the tax rate on rental or license fees paid through property, goods, wares, merchandise, services, or other thing of value from 5.8 percent to 5 percent under section 212.031(1)(d)

Makes technical changes to clarify that taxable payments include base rent, percentage rents, and similar charges for the privilege to use or occupy real property

Specifies that payments for intrinsically valuable personal property such as franchises, trademarks, service marks, logos, or patents are not subject to tax

Takes effect January 1, 2019