Taxes

As you probably know, Florida has no state income tax. None. In addition, Florida has no estate tax, which makes this one of the best tax climates in America. Businesses also benefit from low corporate income taxes. And because Florida’s tax rate of 5.5% is far below the highest 9.9% rate, you can hold on to more of your hard-earned money. Combine all that with Lee County’s healthy incentive packages , expanding workforce, and outstanding location, and you have the perfect environment for growing your business. Florida Tax Advantages

• NO state personal income tax guaranteed by constitutional provision
• NO corporate income tax on sub-chapter S-corporations or limited partnerships
• NO state-level property tax assessed
• NO corporate franchise tax on capital stock
• NO property tax on goods in transit up to 180 days
• NO sales tax on raw materials incorporated into final products
• NO sales and use taxes on goods produced for export
• NO property tax on business inventories

For more information, contact the Fort Myers Regional Partnership at 800.493.4396.