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—4.2000
Ocala—6.6177
Belleview—5.000
Dunnellon—6.500
Schools—7.56
State—NONE

 

Personal Income Tax

NONE

 

Personal Property Tax

NONE

 

Inventory Tax

NONE

 

Corporate Franchise Tax

NONE