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West Palm Beach Florida Form 7004: What You Should Know

Toll-Free/Phone:. Firms, organizations, and individual who wish to have the value of their license plate removed can use this service. The process is relatively straight forward. The DMV will reimburse the applicant for the value of the license plate removed. Tax Tips for Business Owners | Florida Department of Revenue Business owners, please check with your accountant or your accounting firm if you are unsure on your liability for taxes. Many businesses are subject to a state tax when employees or their dependents are on business trips abroad or business that is performed outside the state. In Florida, you pay taxes even if you are a nonresident owner of a business. When you visit Florida and you are required by law to pay taxes to any government agency, you must do so. The Florida Department of Revenue will not give deductions for any fees, assessments, excise taxes, franchise taxes or other taxes or assessments collected by the Department. This includes State taxes. You should not charge more than the normal rate for property tax, although you may be required to file a return. Your tax rate is determined by the rate charged on your personal property or, in some cases, on personal property received from another municipality. The rate charged on personal property will be determined by the city or county where you live or, if you are a non-resident, your principal place of business. You may not claim the same rates applied to business property as applied to personal property. If your municipal tax rate is higher than that of an owner of a general retail store, the latter is responsible for paying any difference between the two rates. Your individual business tax rate is based on the rates in effect in each municipality in which you live, regardless of where you live or of the amount of taxes collected. If you have property located in more than one municipality, you may be subject to different rates for businesses owned in more than one municipality.

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