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Tax information publication
Commercial Rent Tax Reduction
CBRE
Effective June 1, 2024 the state sales tax rate imposed on the total rent charged for leasing to use real property (also known as “commercial rentals”) is reduced from 4.5% to 2.0%.

Rental charges paid on or after June 1, 2024, for rental periods of December 1, 2023, through May 31, 2024, are subject to 4.5% state sales tax plus any applicable discretionary sales surtax.
 
Rental payments made prior to June 1, 2024, that entitle the tenant to occupy the real property on or after June 1, 2024, are subject to 2.0% state sales tax plus any applicable discretionary sales surtax.
 
The sales surtax in the tri-county are continues to be 1%
EFFECTIVE JUNE 1, 2024
Total Tax Rate by County in South Florida
Miami-Dade County3.0%     (down from 5.5%)
Broward County3.0%     (down from 5.5%)
Palm Beach County3.0%     (down from 5.5%)
Contact Us
Keith Edelman
Senior Vice President
+1 305 260 2422
+1 954 242 9080
Keith.Edelman@cbre.com
Scott Goldstein
Senior Vice President
+1 305 260 2418
+1 305 968 8854
Scott.Goldstein@cbre.com
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