Form Gt-800038 - Sales And Use Tax On Tangible Personal Property Rentals (Page 2 of 3) in pdf

Who Must Register to Collect Tax?

If you lease or rent taxable tangible personal property to others, you must register as a dealer to

collect and report sales tax. You can register to collect and report tax through our website at

. The site will guide you through an application interview that will help you

determine your tax obligations. If you do not have Internet access, you can complete a paper

Florida Business Tax Application (Form DR-1).

After we approve your registration, you will receive a Certificate of Registration (Form DR-11) and

a Florida Annual Resale Certificate for Sales Tax (Form DR-13). If you are not filing electronically,

we will mail paper tax returns to you. The Florida Annual Resale Certificate for Sales Tax is used

for tax-exempt purchases, leases, or rentals of tangible personal property you intend to resell or

re-rent as part of your business. Florida law provides for criminal and civil penalties for fraudulent

use of a Florida Annual Resale Certificate for Sales Tax.

When is Tax Due?

Returns and payments are due the first day of the month and late after the 20th of the month

following each reporting period, whether you are filing monthly, quarterly, twice a year, or yearly.

If the 20th falls on a Saturday, Sunday, or state or federal holiday, returns and payments will be

timely if they are postmarked on the first business day after the 20th. Florida law requires you

to file a tax return even if you do not owe sales and use tax.

Electronic Filing and Payment

We offer the use of our free and secure website to file and pay sales tax. You also have the

option of buying software from a software vendor. For more information on electronic filing and

payment options, visit our website.

You may voluntarily file and pay taxes electronically; however, if you pay $20,000 or more in sales

and use tax between July 1 and June 30 (the state fiscal year), you must use electronic funds

transfer (EFT) for the next calendar year to pay your taxes.

If you make tax payments using electronic funds transfer (EFT), you must initiate electronic

payments no later than 5:00 p.m., ET, on the business day before the 20th.

Penalty and Interest

Penalty - If you file your return or pay tax late, a late penalty of 10 percent of the amount

of tax owed, but not less than $50, may be charged. The $50 minimum penalty applies

even if no tax is due. Penalty will also be charged if your return is incomplete.

Interest - A floating rate of interest applies to underpayments and late payments of tax.

Current and prior period interest rates are posted on our website.

Reference Material

Tax Laws – Our online Revenue Law Library contains statutes, rules, legislative changes,

opinions, court cases, and publications. Search the library for Rule 12A-1.071, Florida

Administrative Code, Renting Tangible Personal Property.

Brochures – Download these brochures from our “Forms and Publications” page:

•

Sales and Use Tax on Commercial Real Property Rentals (GT-800016)

•

Sales and Use Tax on Rental of Living or Sleeping Accommodations (GT-800034)

•

Florida’s Discretionary Sales Surtax (GT-800019)

Florida Department of Revenue, Sales and Use Tax on Tangible Personal Property Rentals, Page 2

Form Gt-800038 - Sales And Use Tax On Tangible Personal Property Rentals Page 2

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