Minimum Sales Rate Tax for 2024
| 6% | Column content | Column content | Column content | Column content | |
| 0.00% | Column content | Column content | Column content | Column content | |
| 0.50% | Column content | Column content | Column content | Column content | |
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| Rtd Greater Denver | Column content | Column content | Column content | Column content | |
| Scientific & Cultural Fac.(cd) | Column content | Column content | Column content | Column content | |
| Regional Transport Authority | Column content | Column content | Column content | Column content | |
| Minimum combined sales tax rate value | 6.5% | Column content | Column content | Column content | Column content |
| Special tax | Column content | Column content | Column content | Column content | |
| Economic sales nexus threshold | $100,000 | Column content | Column content | Column content | Column content |
| Transactions threshold | N/A | Column content | Column content | Column content | Column content |
| Sales tax return filing due date | 1st of the month following the reporting period. | Column content | Column content | Column content | Column content |
The base state sales tax rate in Florida is 6%, but since the city-specific tax rate is 0% and the Hillsborough County tax rate is 0.5%, the minimum sales tax rate for Tampa is 6.5%.
How to calculate your sales tax rate
Use our online sales tax calculator to determine the combined state and local sales tax rate for each location where you have a physical or economic nexus. Just enter your state and ZIP code to get your sales tax rate.
Looking for help calculating your sales tax? Contact us today to book a free consultation!
What is nexus?
In Tampa, businesses must understand “nexus” to determine their tax obligations. Nexus refers to the connection that requires a business to collect sales tax in a state. This concept became even more important after the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc., which allowed states to require sales tax collection based on economic activity rather than just a physical presence.
Specific sales tax rules for Tampa
In Tampa, sales tax rates are 3% on retail sales of new mobile homes, 4% on amusement machine receipts, 2% on the rental or lease of commercial real property, and 6.95% on electricity. Additionally, Florida counties can impose local transient rental taxes on short-term rentals, like hotels and vacation rentals, for stays of six months or less.
Services
Typically exempt from sales tax unless linked to the sale of tangible personal property.
Goods
Most physical items, including appliances, vehicles, furniture, sports equipment, and electronics, incur sales tax.
Clothing
Generally taxable, except during designated sales tax holidays.
Electronics
Taxable.
SaaS
Considered a service and not subject to tax.
Digital Products
Usually exempt from sales tax.
Software
Both off-the-shelf and custom software are subject to taxation.
Freight/Shipping
Shipping fees are usually not taxed unless incorporated into the sales price.
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