Form Gt-800020 - Sales And Use Tax On Amusement Machines (Page 4 of 5) in pdf

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

are available on the Tax and Interest Rates web page of the Department’s website.

Additional Penalties: A $250 per machine penalty may be imposed on the amusement machine

operator for failure to obtain and properly display a current Amusement Machine Certificate, or when

the number of amusement machines shown on the Amusement Machine Certificate is less than the

number of machines at that location. A $250 per machine penalty may also be imposed on the

business where any amusement machine is operated without a current Amusement Machine

Certificate.

Family Amusement Games Act

The Family Amusement Games Act (section 546.10, Florida Statutes) requires the Department of

Revenue to annually adjust the maximum value on the redemption value of a coupon or a point for

purposes of defining an amusement game or machine.

The adjusted maximum value becomes

effective the following January 1st.

Effective Date

Adjusted Maximum Value

$5.25

July 1, 2015 – December 31, 2017

January 1, 2018 – December 31, 2018

$5.35

Changes to Your Business

Please notify the Department immediately if you change your business name, location or

mailing address, or close or sell your business. It’s fast and easy to notify the Department online by

visiting the Department’s website and selecting “General Tax,” then clicking on the “Update Account

Information Online” button.

To notify the Department in writing, mail a letter to:

Account Management - MS 1-5730

Florida Department of Revenue

5050 W Tennessee St

Tallahassee, FL 32399-0160

Be sure to include your business partner number and your certificate number in any written

correspondence sent to the Department.

You must submit a new registration online or complete a paper Florida Business Tax Application

(Form DR-1) if you:

•

move your business location from one Florida county to another;

•

add another business location;

•

purchase or acquire an existing business; or

•

change the form of ownership of your business.

If you cancel your account or sell your business, you must file a final return and remit all applicable

taxes due within 15 days after closing or selling the business. Your final return must cover the period

from your most recent return filing to the closing date.

The maximum value is adjusted annually by the rate of inflation for the 12 months preceding September 1, rounded to the

nearest 5 cents, by multiplying the previous maximum value by one, plus the percentage change in the Consumer Price Index

for All Urban Consumers, U.S. City Average, All Items (not seasonally adjusted), as calculated by the United States

Department of Labor.

Florida Department of Revenue, Sales and Use Tax on Amusement Machines, Page 4

Form Gt-800020 - Sales And Use Tax On Amusement Machines Page 4

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