There is no personal income tax in Florida, and the general state sales tax rate is 6% with the following exceptions: 4% on amusement machine receipts, 5.5% on the lease or license of commercial real property, and 6.95% on electricity. Florida does not have a state income tax, and Florida Corporate Income Tax requires that corporates that do business and earn income in Florida must file a corporate income tax return (unless they are exempt). Florida’s average real property tax rate is 0.98%, which is slightly lower than the U.S. average of 1.08%.