Title: Tax-filing Extensions

Summary: Authorizing an automatic extension for filing returns and remitting taxes on sales, use, and other transactions and for filing state income tax returns, respectively, when specified states of emergency are declared, etc.

Full Text:
An act relating to tax-filing extensions; amending ss. 212.11 and 220.222, F.S.; authorizing an automatic extension for filing returns and remitting taxes on sales, use, and other transactions and for filing state income tax returns, respectively, when specified states of emergency are declared; making technical changes; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1. Paragraph (b) of subsection (1) and paragraph (b) of subsection (4) of section 212.11, Florida Statutes, are amended to read: 212.11 Tax returns and regulations.  (1) (b) For the purpose of ascertaining the amount of tax payable under this chapter, it is shall be the duty of all dealers to file a return and remit the tax, on or before the 20th day of the month, to the department, upon forms prepared and furnished by it or in a format prescribed by it. Such return must show the rentals, admissions, gross sales, or purchases, as the case may be, arising from all leases, rentals, admissions, sales, or purchases taxable under this chapter during the preceding calendar month. Notwithstanding this paragraph,when a state of emergency is declared pursuant to s. 252.36 within business days before the 20th day of the month, a dealer located in a county to which such emergency declaration applies is granted an automatic 10-day extension from the due date for filing a return and remitting the tax. (4) (b) The amount of any estimated tax is shall be due and,payable,and must be remitted by electronic funds transfer by the 20th day of the month for which it is estimated. The difference between the amount of estimated tax paid and the actual amount of tax due under this chapter for such month is shall be due and payable by the first day of the following month and must be remitted by electronic funds transfer by the 20th day thereof. Notwithstanding this paragraph,when a state of emergency is declared pursuant to s. 252.36 within business days before the 20th day of the month, a dealer located in a county to which such emergency declaration applies is granted an automatic 10-day extension from the due date for filing a return and remitting the tax. Section 2. Present paragraphs (c) and (d) of subsection (2) of section 220.222, Florida Statutes, are redesignated as paragraphs (d) and (e), respectively, and paragraph (c) is added to that subsection, to read: 220.222 Returns; time and place for filing.  (2) (c) When a taxpayer has been granted an extension or extensions of time within which to file its federal income tax return for any taxable year due to a federally declared disaster,and if the requirements of s. 220.32 are met, the department shall automatically extend the due date of the return required under this code until the 15th day after the due date, including any extensions provided for such federally declared disaster.Section 3. This act shall take effect July 1, 2024.