Review of the Tax Cuts and Jobs Act of 2017 on Florida Corporate Income Tax
Chapter 2018-119, Laws of Florida, requires the Department of Revenue to conduct a review of how the federal Tax Cuts and Jobs Act of 2017 will affect Florida corporate income tax. The Department is requesting public input regarding the Act and its potential effects on both the state corporate income tax and the businesses that pay the tax.
If you have information, analyses, or input relating to the effect of the Tax Cuts and Jobs Act of 2017, please submit your comments as provided below. Comments received by the Department will be publicly available and posted to this site.
How to Provide Comments
The Department requests that comments be submitted by December 14, 2018.
Comments via email may be submitted to
Comments via mail may be submitted to the following address:
Corporate Income Tax Review
c/o Director of Legislative and Cabinet Services
Department of Revenue
P.O. Box 5906
Tallahassee, Florida 32314-5906
Status Report #1 – August 3, 2018
Status Report #2 – November 16, 2018
Final Report – February 1, 2019 – A previous version of the final report contained an error in the first paragraph on page 87 that has been corrected. The sentence previously read, “The tables below provide an analysis of the effect on Florida resulting from changes to the interest limitation using the JCT methodology if Florida chooses to decouple from that provision.” The sentence now reads, “The tables below provide an analysis of the effect on Florida resulting from changes to the interest limitation using the JCT methodology."
Public Comment #1, Received May 3, 2018
Public Comment #2, Received May 3, 2018
Public Comment #3, Received May 5, 2018
Public Comment #4, Received May 16, 2018
Public Comment #5, Received June 13, 2018
Public Comment #6, Received August 16, 2018
Public Comment #7, Received August 20, 2018
Public Comment #8, Received August 21, 2018
Public Comment #9, Received September 7, 2018
Public Comment #10, Received October 1, 2018
Public Comment #11, Received October 19, 2018
Public Comment #12, Received October 23, 2018
Public Comment #13, Received November 19, 2018