Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Florida |
Effected Jurisdiction: | Florida |
Jurisdiction type:![]() | State or Territory |
Fiscal year ending In: | 2018 |
Program name: | Qualified Target Industry Tax Refund Program |
Program purpose:![]() | Business attraction/retention/expansion |
Statutory authority:![]() | Florida Statutes Section 288.106 |
Abating jurisdiction(s):![]() | State of Florida |
Applicable taxes: | Sales and Use Tax; Corporate Income Tax; Intangible Personal Property Tax; Excise Tax; Property Tax Tax; Insurance Premium Tax; Communication Service Tax |
Method of abatement:![]() | Tax refund |
Provisions for recapture:![]() | If erroneous credits are discovered during an audit of the taxpayer's books and records the amount of tax offset by the credit will be assessed. |
Gross revenue loss:![]() | $17,805,000 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $17,805,000 |
Type of loss:![]() | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.sbafla.com/bondfinance/Financial-Information/Florida-Annual-... |