⏰ This entry is due for review. Information may not reflect the latest regulations.
Taxes
FL
FL Corporate Income Tax
Florida imposes a 5.5% corporate income tax on C corporations doing business in the state. The first $50,000 of net income is exempt. Corporations file Form F-1120 with the Department of Revenue. Florida uses a single sales factor for apportionment. S corporations and LLCs are generally not subject to the corporate income tax.
Official Source:
FL Department of Revenue
Always verify current information directly with this agency.