OFFICE OF BUILDING OFFICIAL (OBO)
Married Couples Failing to Apply for Exemptions Together Both spouses should sign the application for exemption. If one spouse dies and the surviving spouse did not sign the original homestead application then the homestead exemption may be lost unless further application is made by the surviving spouse.
(1) Each tangible personal property tax return is eligible for an exemption from ad valorem taxation of up to $25,000 of assessed value. A single return must be filed for each site in the county where the owner of tangible personal property transacts business.
A Certificate of Use, often referred to as a COU, is a Zoning certificate that confirms the space the business occupies complies with three items: 1) local Zoning ordinances, 2) the Florida Fire Prevention Code, and 3) the Florida Building Code.
Florida Tangible Personal Property Tax. Tangible Personal Property Tax is an ad valorem tax assessed against the furniture, fixtures and equipment located in businesses and rental property.
What is Tangible Personal Property (TPP)? Tangible personal property (TPP) is everything other than real estate that is used in a business or rental property. Examples of tangible personal property are computers, furniture, tools, machinery, signs, equipment, leasehold improvements, supplies, and leased equipment.
Class 94 vehicles (vehicles registered as a tool & not as transport) are Tangible Personal Property.
As a business owner, you have to file a Florida tangible personal property tax return (DR-405), or TPP for short. However, it doesn't work like your income tax return. You have to pay a tax that's determined by your county's tax collector on certain fixed assets you own.
Clothing, vehicles, jewelry, and business equipment are examples of tangible personal property.
Email RER-SPA@miamidade.gov or call 786-315-2100 for further assistance. Certificate of Use. The Certificate of Use, often referred to as a CU, assures that the business is allowed in the zoning district where it is located.