Wire ServicesMarch 6, 2021
7min1282
Florida's unemployment rate for December was also revised down to 5.1%.
Tag: Tax revenue
Wire ServicesMarch 6, 2021
Scott PowersJuly 31, 2020
5min911
Florida is also losing $55 million per week in travel tax revenue.
Associated PressJune 1, 2020
8min369
In Florida and some other states, Legislature is not in session.
Bobby Caina CalvanApril 30, 2020
6min387
Disappearing tax revenue is turning into city employee furloughs and city service cuts.
Drew WilsonJuly 15, 2019
3min581
In 2018 alone, Airbnb's agreements produced tens of millions of dollars in tax revenues for Florida's local governments.
Drew WilsonAugust 7, 2018
5min549
With Floridians purchasing fewer packs of cigarettes and a top cigarette company fighting to avoid settlement payments, state economists are forecasting a dip in tobacco tax collections and settlement revenues going forward. During a Tuesday meeting of the Revenue Estimating Conference, state economists said many smokers are smoking less and some are switching to “e-cigarettes” […]
Drew WilsonJune 8, 2018
3min217
Vacation rental platform Airbnb announced Friday that it has collected and remitted more than $12 million in tax revenue to Miami-Dade and Broward counties over the past year. Those collections are from separate agreements agreed to by each county’s commission that saw Airbnb start automatically collecting 6 percent bed taxes and remitting the revenue directly […]
Scott PowersJune 27, 2017
3min377
Vacation home-rental marketing giant Airbnb said Tuesday its expanding list of tax agreements and its growing business should lead it to equal last year’s total sales and tourist tax payments just in the first six months of 2017. The company announced that its five-month totals in sales and tourist taxes paid to the state and […]
Ryan RayMay 10, 2016
4min243
A panel of state economists estimates a minor expansion in Florida’s fledgling medical marijuana regime could add up to $11.4 million in new tax revenue. The Revenue Estimating Impact Conference met Tuesday for its annual post-Session hearing, where economists from the Legislature, the Governor’s office, and state agencies analyzed the likely fiscal costs and benefits of […]
Associated PressApril 30, 2016
1min178
New laws to clean up spring break in Panama City Beach drove students elsewhere in March. Now business leaders are reporting big losses. The Bay County Tourist Development Council says bed tax collections plunged from $2 million in March 2015 to $1.2 million last month. Those bed tax collections are down about 13 percent overall […]