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Last Updated: December 14th, 2021
Florida does not have an individual state income tax.
Statewide, the sales tax is 6 percent. Charlotte, Collier, Glades and Hendry County each have an additional local tax of 1 percent, making the sales tax 7 percent. Lee County has an additional local tax of 0.5%, giving the county a total sales tax of 6.5 percent.
For more information on the sales tax rates, click here.
Millage rates in 2020 for Southwest Florida varied between 10.8607 (Collier) and 19.1349 (Hendry).
For more information on property tax rates, click here.
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Corporate Income Tax
Florida corporate income tax liability is computed using federal taxable income, modified by certain Florida adjustments, to determine adjusted federal income. The Florida Corporate Income Tax rate is 3.535 percent.