Florida Sales Tax Rules
12A-1.0143 Manufacturing and Spaceport Investment Incentive Program Tax Refunds
(1) Who May Claim the Refund? Any eligible entity that has received approval from the Department of Economic Opportunity, Division of Strategic Business Development for the purchase of eligible equipment for use in the Manufacturing and Spaceport Investment Incentive Program may claim the refund. A refund will be allowed on state sales and use taxes previously paid, but not on any discretionary sales surtax paid. The refunds are limited to the time periods and amounts provided in subsection (2).
(2) Amount of the Refund. The refund amount is based on an eligible entity's purchases of eligible equipment placed in service in Florida during the state fiscal years 2010-2011 and 2011-2012 (July 1, 2010-June 30, 2011, and July 1, 2011-June 30, 2012) in excess of the entity's total cost of eligible equipment purchased and placed into service in Florida by the entity in its tax year that began in 2008. The total amount of refund available to an eligible entity is limited to the amount of previously paid state sales and use tax certified by the Department of Economic Opportunity and will not exceed $50,000 in each of the state fiscal years 2010-2011 and 2011-2012.
(3) Obtaining the Refund.
(a) Taxpayers must file an application with the Department of Economic Opportunity, Division of Strategic Business Development for eligibility for a tax refund under the Manufacturing and Spaceport Investment Incentives Program. Applications may be obtained at http://www.flgov.com/financial_incentives or by calling (850) 487-2568.
(b) When the Department of Economic Opportunity, Division of Strategic Business Development sends written certification to the applicant certifying the amount of Florida sales and use tax refund, the Division will send a copy of the written certification to the Department. To obtain a refund of Florida sales and use tax previously paid on purchases of eligible equipment under the Manufacturing and Spaceport Investment Incentive Program, a completed Application for Refund-Sales and Use Tax (Form DR-26S, incorporated by reference in Rule 12-26.008, F.A.C.), with a copy of the certification letter issued by the Office, must be filed with the Department. Form DR-26S must be filed within 30 days from the date of the written certification issued by the Division. Applications for Refund-Sales and Use Tax are available on the Department's website at www.myflorida.com/dor/forms. Form DR-26S, with a copy of the certification letter, should be mailed to:
Florida Department of Revenue
Refund Subprocess
P. O. Box 6490
Tallahassee, Florida 32314-6490.
Rulemaking Authority 212.17(6), 212.18(2), 213.06(1) FS. Law Implemented 213.255, 215.26, 288.1083 FS. History–New 6-6-11.
