Personal Property Business Form For Central Government Employees In Broward
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FAQ
A Local Business Tax Receipt is required for each location you operate your business from, and one for each category of business you conduct.
To start a business in Florida you need to: Check with your County Tax Collector to see if you need a license. Register your business with the Department of Revenue. Download their Registering Your Business form (PDF).
Businesses in Florida can expect licensing obligations at local, state, and sometimes federal levels. In addition to any state-required occupational licenses, most cities and counties in Florida require a basic business license for doing business within their jurisdiction.
Tangible personal property can be subject to ad valorem taxes, meaning the amount of tax payable depends on each item's fair market value. In most states, a business that owned tangible property on January 1 must file a tax return form with the property appraisal office no later than April 1 in the same year.
The Local Business Tax (formerly known as Occupational License) is required of any individual or entity any business, or profession in Broward County, unless specifically exempted.
Each TPP tax return is eligible for an exemption up to $25,000 of assessed value. If the property appraiser has determined that the property has separate and distinct owners and each files a return, each may receive a $25,000 exemption.
If your business is a limited liability company (LLC), corporation, partnership, or nonprofit corporation, you'll probably need to register with any state where you conduct business activities.
Florida Statute defines TPP as “all goods, chattels, and other articles of value (but does not include vehicular items) capable of manual possession and whose chief value is intrinsic to the article itself.”
