On May 25, 2017, Governor Scott signed HB 7109 into law. The new law will lower the sales tax rate on commercial leases under Florida Statute Section 212.031 from 6% to 5.8%. The new law goes into effect January 1, 2018. It is projected to save Florida commercial tenants $61,000,000 per year. Sales tax brackets and sales tax software programs will need to be updated for the new law change in January. For more info, go to: http://www.flgov.com/gov-scott-announces-100-million-tax-cut-on-business-rents-as-part-of-the-its-your-money-tax-cut-budget-2/
Lowndes, Drosdick, Doster, Kantor & Reed, P.A. Unveils New Website
We are excited to announce the launch of our redesigned website, www.lowndes-law.com. The site welcomes guests with warm colors, a clean design, crisp new images and fresh content. A strong brand message, “LOCAL ROOTS. BROAD REACH.SM” reflects the firm’s experience and service as well as our commitment to the growing needs of our clients. To learn about some of our new features and objectives behind the new website, please click on the PLAY button below. To visit our Private Wealth Services page, go to www.lowndes-law.com/services/297-private-wealth-services. We hope you find the redesigned website easy to use. Visit often as we are continually updating information that may be helpful to you!