Interest is assessed on the amount of taxes or fees due that was not paid on time. This includes late or underpayments of taxes or fees, and collection allowances (credits) that have been reduced due to underpayments of tax or disallowed because the return was filed late. A floating rate of interest applies. Florida's interest rate is updated twice a year, on January 1 and July 1. Current and past year's interest rates are published in Tax Information Publications (TIPs).

• The floating rate of interest remains at 9% for July 1, 2020 through December 31, 2020. Read more in TIP #20ADM-01 .
• The floating rate of interest remains at 9% for January 1, 2020 through June 30, 2020. Read more in TIP #19ADM-02 .

To calculate interest due with your tax return:

1. Get the daily interest rate factor(s) for the filing period(s) from the appropriate Tax Information Publication.
2. Calculate the number of days your return is late by counting the number of days from the “late after” date on the return through the date the return and payment are postmarked by the U.S. Postal Service or hand-delivered to the Florida Department of Revenue. Include the day the return and payment are postmarked or hand-delivered when calculating the number of days late.
3. Multiply the amount of tax due by the number of days late and then by the appropriate daily interest rate factor(s).

Example 1: A taxpayer owed $1,000 with his November 2013 Florida sales and use tax return (due 12/20/13). The taxpayer filed the return and paid the tax due on March 10, 2014. The return and payment are 80 days late and the daily interest rate for December 2013 to March 2014 was used. The interest amount due is computed as follows:

Example 2: A taxpayer owed $5,000 with their September 2009 Florida sales and use tax return (due 10/20/09). The taxpayer filed the return and paid the tax on February 10, 2010. The return and payment are 113 days late. Two different daily interest rate factors must be used in the calculation because the interest rate changed on January 1, 2010. For the period 10/20/09 to 12/31/09 the daily interest rate is .000219178 and for the period 1/1/10 to 2/10/10 the daily interest rate is .000191781. The interest amount due is computed as follows:

For a list of current and historical local tax rates, which includes upcoming rate changes, go to: Historical, Current and Upcoming Local Rates .

For a list of current local rates only go to: Communications Services Tax Rate Table.

If you need tax rates for a specific address, use the Department's Address/Jurisdiction Database. The database contains the following rates for each address: communications services tax, discretionary sales surtax, insurance premium tax, and sales and use tax.

The Florida corporate income/franchise tax rate is reduced from 5.5% to 4.458% for taxable years beginning on or after January 1, 2019, but before January 1, 2022. Further reduction in the tax rate is possible for taxable years beginning on or after January 1, 2020, and January 1, 2021.

Taxpayers that have a 52 - 53 week taxable year beginning on or about January 1 and ending on or about December 31 have the same tax rates as a calendar year-end taxpayer. For more information, see the Department's Corporate Income Tax webpage.

Fuel Tax Rates

Find rates for 2020 and 2019

Pollutants Tax Rates

Note: Pollutants tax rates are not tied to the Consumer Price Index and do not change each year.

For more information, read TIP #20B06-01 .

For more information, read TIP #19B06-01 .

Municipalities and charter counties collect municipal public service tax (MPST) and report the tax rates to the Florida Department of Revenue. You can search the Department's MPST database or download a spreadsheet containing all MPST rates .

When a new employer becomes liable for the tax, the rate is 2.7% (.0270) and remains at that rate until the employer has reported for 10 quarters (11 quarters in some cases). At that time, a tax rate will be calculated using the employment record and the rating factors, which are built into the Reemployment Assistance Program Law. Rate notices are mailed to all contributing employers each year in December. An employer may appeal the tax rate within 20 days from the date of notification (date printed on the Reemployment Tax Rate Notice (Form RT-20). The maximum tax rate allowed by law is 5.4% (.0540), except for employers participating in the Short Time Compensation Program. Visit the Department's Reemployment Tax webpage for more information.

Sales and Use Tax and Discretionary Sales Surtax Rates

Florida's general sales and use tax rate is 6% with the following exceptions: 4% on amusement machine receipts, 5.5% on the lease or license of commercial real property, and 6.95% on electricity.

Discretionary sales surtax (also called county tax) is imposed by many Florida counties and applies to most transactions subject to sales tax. The Florida Department of Revenue collects both taxes and distributes the surtax back to the counties. The discretionary sales surtax rate depends on the county. To compute the sales tax rate for each county, add the local option surtax rate to the general sales tax rate. The Discretionary Sales Surtax Information (Form DR-15DSS) lists the counties and their rates. The History of Local and Current Sales Tax Rates lists the counties and their historical local tax rates.

When sales transactions fall below or in between whole dollar amounts, you must use the bracket system to calculate the tax between whole dollar amounts. Under the bracket system, the actual tax collected may be more than a straight percentage of the total sales made during the reporting period.

The Common Sales Tax Brackets (Form DR-2X ) includes brackets for the combined state rate and various discretionary sales surtax rates.

Additional Individual Sales and Use Tax Brackets

4.0%	6.0%	7.5%
4.5%	6.5%	8.0%
5.0%	7.0%	8.5%
5.5%

Sales and Use Tax Brackets for Leases and Licenses of Real Property

5.5%	6.0%	6.5%
7.0%	7.5%	8.0%

Individual Sales and Use Tax Brackets for Electricity
per Section 203.01(1)(a)3. and Chapter 212, Florida Statutes

4.35%	6.35%	7.95%
4.85%	6.85%	8.45%
5.35%	6.95%	8.95%
5.85%	7.45%	9.45%

Address/Jurisdiction Database

If you need tax rates for a specific address, use the Department's Address/Jurisdiction Database. The database contains the following rates for each address: communications services tax, discretionary sales surtax, insurance premium tax, and sales and use tax.

Prepaid Wireless E911 Fee

The prepaid wireless E911 fee is 40 cents on the sale of each prepaid wireless service that allows a caller to connect to and interact with the Enhanced 911 (E911) System. If a prepaid wireless device is sold with prepaid wireless service of 10 minutes or less, or for $5 or less, the seller may elect not to apply the prepaid wireless E911 fee to the sale.

The E911 Board may adjust the rate of the fee, if necessary, to ensure full cost recovery or prevent over-recovery of costs incurred in providing E911 service. Any rate change will be posted to the Department's website. A written notice for each fee rate change will be issued to sellers at least 90 days before the effective date of the change.

Asphalt Use Tax Index

The tax rate used by contractors who manufacture and use asphalt during fiscal year July 1, 2020 through June 30, 2021 is 82 cents per ton. For more information, read Tax Information Publication #20A01-03 .

Miami-Dade Lake Belt Mitigation Fee

Use the following mitigation fee rates and water treatment plant upgrade fee rate:

Mitigation Fee Rates:

These fee rates should be used indefinitely until a statutory change is enacted by law.

Water Treatment Plant Upgrade Fee Rate:

Note: The Water Treatment Plant Upgrade Fee expires on July 1, 2018. For more information, read TIP #15B07-03 .

Gas and Sulfur Production Tax Rates

For gas and sulfur tax rates for the year 2020-2021, read TIP #20B07-02 .

Oil Production Tax Rates

Note: Oil production rates are not tied to the Consumer Price Index and do not change each year.

Solid Mineral Tax Rates

For solid mineral tax rates for the year 2020, read TIP #20B07-01 .

Local option taxes on transient rentals vary by county. For current rates and to see whether the local tax is paid to the Florida Department of Revenue or the county, access the Local Option Transient Rental Tax Rates (Tourist Development Tax Rates) (Form DR-15TDT ).