Florida has issued revised Rule 12A-1.005 effective March 4, 2001. This is the culmination of efforts by clubs and their professionals since June 15, 1991. Read carefully before any assessment. For a full copy of the ruling, visit the Florida Department of Revenue web site. Club Related Ex c erpts from 12A-1.005 Admissions.
Charges made for participation in saltwater fishing tournaments are subject to tax.
When spectators are charged a taxable admission to a game, race, or other sport or recreational event, the participation or entrance fees are exempt. The purchase of taxable items used by the sponsoring entity are subject to tax, even though receipts from charges for the participation or entrance fees are used to make such purchases. The entry fee covers the greens fees, cart rental, and a meal for each participant, with the excess being used to purchase gifts, gift certificates, and trophies to be given to the winners. The entry fee is subject to tax, even if the charge for each item is separately itemized. The purchase of gifts, trophies, and other promotional items by the club is subject to tax.