Tax Information for Motor Vehicle Dealers - Florida

Tax Information for Motor Vehicle Dealers is a legal document that was released by the Florida Department of Revenue - a government authority operating within Florida.

FAQ

Q: Who needs to pay taxes as a motor vehicle dealer in Florida?
A: Motor vehicle dealers in Florida are required to pay taxes.

Q: What type of taxes do motor vehicle dealers in Florida need to pay?
A: Motor vehicle dealers in Florida need to pay sales and use taxes.

Q: How are sales and use taxes calculated for motor vehicle dealers in Florida?
A: Sales and use taxes are calculated based on the selling price of the motor vehicle.

Q: Are there any exemptions from sales and use taxes for motor vehicle dealers in Florida?
A: Yes, there are certain exemptions available for motor vehicle dealers in Florida.

Q: What are some common exemptions from sales and use taxes for motor vehicle dealers in Florida?
A: Some common exemptions include sales to other motor vehicle dealers, sales to nonresidents, and sales to government entities.

Q: Are there any specific requirements for recordkeeping for motor vehicle dealers in Florida?
A: Yes, motor vehicle dealers in Florida are required to maintain specific records for tax purposes.

Q: What happens if a motor vehicle dealer in Florida fails to pay the required taxes?
A: Failure to pay the required taxes can result in penalties and interest.