TALLAHASSEE, Fla. — Starting next week, Florida businesses will no longer pay a state sales tax on commercial leases.
After more than 50 years, the business rent tax goes away on Oct. 1.
Lawmakers phased it out as part of a tax package that passed this summer.
The change is expected to save companies more than $1 billion this year. Business leaders say that money can go back into jobs, equipment and customers.
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