Overlooked Aspects of Your Compliance Process
When you think about tax compliance, of any kind, the first thing that comes to mind is filing, or...
Florida is one of the two states that collects sales tax but has yet to enact economic nexus laws. Florida follows physical nexus requirements only to establish nexus. If you do not have a physical presence (this could be through offices, contractors, warehouses, or even attending tradeshows) in Florida, you do not have a sales tax obligation in this state.
If your business has nexus in Florida, achieving and maintaining compliance is critical. TaxConnex can help.