Documentary Stamp Tax Explanation Form - Orange Country Comptroller printable pdf download

Documentary Stamp Tax Explanation Form - Orange Country Comptroller

ANNOUNCEMENT TO ORANGE COUNTY OFFICIAL RECORDS

CUSTOMERS

The Orange County Comptroller has a duty to collect documentary stamp taxes

for the Florida Department of Revenue (DOR) per Chapter 201, F.S.

The Orange County Comptroller’s Official Records Department will be conducting

a pilot to evaluate how the consideration amount is provided by our customers for

calculating doc stamp tax payments on deeds and other documents used to

transfer interest in real property. The pilot will begin April 30, 2012. Our intent is

to make sure we obtain the consideration amount for each deed and to have a

source of information for doc stamp calculations, instead of relying solely on

document stamp tax payment information.

This pilot may impact you.

• If Official Records staff is unable to determine the purchase/sale price or

consideration amount from information you provide either 1) on the face of

your document; 2) in a supplemental document, such as a cover letter; or

3) on a check stub, you will be asked to complete a copy of

the

Comptroller Documentary Stamp Explanation Form,

which is attached.

• When a customer submits a document for recording and pays either no

doc stamps or minimal doc stamps ($0.70), you will be asked to complete

a copy of the

Comptroller Documentary Stamp Explanation Form,

which is

attached.

• We may refuse to record your document if staff is unable to obtain the

consideration or exception information from you.

We are aware that multiple other Florida counties have initiated similar strategies

for documentary stamp collection purposes. We look forward to your continued

cooperation with us.

Documentary Stamp Tax Explanation Form - Orange Country Comptroller