Tax Information

Sales Tax

7% of non-exempt sales amount.

Many exemptions exist.

 

State Corporate Income Tax

5.5% of adjusted gross income apportioned to Florida. First $50,000 exempt.

NO LOCAL CORPORATE INCOME TAX

 

Ad Valorem (Property Tax)

County—4.2900
Ocala—6.6177
Belleview—5.000
Dunnellon—7.000
Schools—6.323
State--NONE

 

Personal Income Tax

NONE

 

Personal Property Tax

NONE

 

Inventory Tax

NONE

 

Corporate Franchise Tax

NONE