A Unique Tax Situation in the Sunshine State As a savvy business owner or investor, understanding the tax implications of commercial rent in Florida is vital to your financial planning. Interestingly, Florida is the only state in the United States that imposes a sales tax on commercial rent. This unique tax has sparked a longstanding debate and has placed the state at a competitive disadvantage when attracting new businesses. In today's article, we'll discuss the current Florida sales tax rate on commercial rent, its impact on businesses, and its anticipated reduction in 2024. Current Sales Tax Rate: 5.5% Plus Local Surtax Despite efforts to reduce the sales tax rate on commercial…