INCENTIVES

NO state personal income tax guaranteed by constitutional provision

NO corporate income tax on limited partnerships

NO corporate income tax on subchapter S-corporations

NO corporate franchise tax on capital stock

NO state-level property tax assessed

NO property tax on business inventories

NO sales tax on manufacturing machinery and equipment

NO property tax on goods-in-transit for up to 180 days

NO sales and use tax on goods manufactured or produced in Florida for export outside the state

NO sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging

NO sales/use tax on cogeneration of electricity