Florida Readies For ‘Freedom Week’ Tax Break – CBS Miami
TALLAHASSEE (CBSMiami / NSF) – The Florida Department of Revenue launched a website for the state’s first Freedom Week sales tax celebration from July 1-7.
The site is designed to help businesses implement the tax exemption, which allows people to avoid paying sales taxes on tickets purchased for things like live music, sports competitions, movies, cultural events, and entry to museums and state parks.
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Tickets for events later in the year can be purchased during the week, including annual passes.
The holiday will also offer VAT exemptions on outdoor equipment such as tents, grills, bikes, kayaks, and fishing tackle.
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“This sales tax vacation helps consumers save money while enjoying a well-deserved rest, whether it’s a trip to the beach, a concert or festival, or just an afternoon fishing,” Jim Zingale, executive director of the Department of Revenue, said in one prepared statement.
State economists predict the holiday season will reduce state and community revenues by $ 54.7 million. The discount period is part of a $ 196.3 million (HB 7061) tax package that was approved by lawmakers in April and signed by Governor Ron DeSantis on May 21.
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