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Florida Enterprise
Zones
Background
Enterprise Zones were established
to encourage capital investment and job creation in
areas targeted for economic growth. Florida offers various tax
incentives to businesses, real estate developers and individuals
located in any of the states designated Enterprise Zones.
Frequently Asked
Questions
- What incentives are
available?
Jobs Tax Credit (Sales
Tax)
Jobs Tax Credit (Corporate Income
Tax)
Building Materials Sales Tax
Refund
Business Equipment Sales Tax
Refund
Property Tax Credit (Corporate
Income Tax)
- Which tax incentive can
be utilized by real estate
developers?
Real estate developers
are eligible to receive a refund on the sales tax paid on the
purchase of building materials used in an enterprise zone.
- Is this same tax
incentive also available to an owner of a condominium,
townhome or single family home?
Yes, provided that the real estate
developer did not previously claim the
benefit.
- What if I do not know
how much sales tax was paid on the purchase
of the building materials?
If documentation is
not available, an alternative estimation method can be
used.
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How can Zone
Advisors assist me in obtaining Enterprise Zone
benefits?
Zone Advisors
handles the entire process for you and will:
- Determine if you or your business are
eligible to receive specific tax incentives
- Calculate the total benefit you or
your business are entitled to receive
- Gather the necessary documentation
- Complete the required applications
- Obtain the appropriate city, county and
state approvals
- Follow-up to ensure that you receive
timely payment
How can I find out
more?
Just call us at
(877) 727-5570 or Click here to contact
us
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