Florida Focuses on Use Tax

It seems like there has been a few news stories recently about Use Tax – and how many (most?) consumers have no idea that it exists.  This video on MyFox Orlando clearly illustrates the point.  The segment points out the millions in revenue to the State of Florida that is lost due to under-reported Use Tax.  Florida has a voluntary reporting program that allows consumers to catch up on Use Tax payments without penalty.  Expect to see more stories like this, as 46 states had budget shortfalls in 2010.

What do you think?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: