Florida Partially Exempts Motor Vehicle Purchases By Non-residents

Monday, February 23rd, 2015

A car lot.

The Florida Department of Revenue released guidance on the partial exemption for motor vehicles purchased by non-residents.

Florida partially exempts motor vehicle purchases by residents of other states. The tax imposed is the amount that would have been due in the purchaser's home state, but it cannot be more than Florida's 6% tax rate. The purchaser must (1) reside in a state other than Florida and (2) complete an affidavit declaring his or her intent to license the vehicle in his or her home state within 45 days of purchase. An individual does not have to remove the vehicle from Florida to use this partial exemption. The tax must be paid to the Florida Department of Revenue and not to the purchaser's home state.

Non-resident companies can also qualify for the non-resident partial exemption. Companies are considered residents of Florida if (1) an officer of the corporation is a Florida resident, (2) a stockholder who owns at least 10% of the corporation is a Florida resident, or (3) a partner who owns at least 10% of the partnership is a Florida resident. However, a resident company can still use the partial exemption if the vehicle (1) is removed from the state within 45 days of purchase and (2) remains outside the state for at least 180 days.


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

Economic Nexus in Washington

Monday, August 13th, 2018 -Effective October 1, 2018, certain out-of-state businesses will be required to collect and pay Washington sale...

Economic Nexus in Michigan

Thursday, August 9th, 2018 -Effective October 1, 2018, certain out-of-state sellers will be required to collect and pay Michigan sales or ...

Georgia Suspends Tax on Jet Fuel

Wednesday, August 8th, 2018 -Effective August 1, 2018, Georgia no longer collects state level sales and use tax on jet fuel. Georgia tax...

Employment Services Contracts for Permanent Employees Not...

Monday, August 6th, 2018 -The Ohio Board of Tax Appeals recently addressed whether contracts entered into by an employment services agen...

Alarm Systems and Monitoring Not Taxable in Missouri

Wednesday, August 1st, 2018 -The Missouri Department of Revenue recently released a ruling determining that (1) security, fire, tornado, an...

Economic Nexus in Utah

Wednesday, August 1st, 2018 -Effective January 1, 2019, certain out-of-state sellers will be required to collect and pay Utah sales or use ...