220.182 – Enterprise zone property tax credit.
220.182 Enterprise zone property tax credit.— (1)(a) Beginning July 1, 1995, there shall be allowed a credit against the tax imposed by this chapter to any business which establishes a new business as defined in s. 220.03(1)(p), expands an existing business as defined in s. 220.03(1)(k), or rebuilds an existing business as defined in s. 220.03(1)(u) in […]
220.183 – Community contribution tax credit.
220.183 Community contribution tax credit.— (1) AUTHORIZATION TO GRANT COMMUNITY CONTRIBUTION TAX CREDITS; LIMITATIONS ON INDIVIDUAL CREDITS AND PROGRAM SPENDING.— (a) There shall be allowed a credit of 50 percent of a community contribution against any tax due for a taxable year under this chapter. (b) No business firm shall receive more than $200,000 in annual tax credits for […]
220.184 – Hazardous waste facility tax credit.
220.184 Hazardous waste facility tax credit.— (1) A credit against the tax imposed by this chapter shall be allowed to the owner of any commercial hazardous waste facility who incurs expenses for hydrologic, geologic, or soil site evaluations and permit fees required by the Department of Environmental Protection, which credit shall be equal to the amount of […]
220.1845 – Contaminated site rehabilitation tax credit.
220.1845 Contaminated site rehabilitation tax credit.— (1) APPLICATION FOR TAX CREDIT.—A site rehabilitation application must be received by the Division of Waste Management of the Department of Environmental Protection by January 31 of the year after the calendar year for which site rehabilitation costs are being claimed in a tax credit application. All site rehabilitation costs claimed […]
220.185 – State housing tax credit.
220.185 State housing tax credit.— (1) DEFINITIONS.—As used in this section, the term: (a) “Credit period” means the period of 5 years beginning with the year the project is completed. (b) “Eligible basis” means a project’s adjusted basis of the housing portion of the qualified project as of the close of the first taxable year of the credit period. […]
220.186 – Credit for Florida alternative minimum tax.
220.186 Credit for Florida alternative minimum tax.— (1) A taxpayer required to determine taxable income pursuant to s. 220.13(2)(k) shall be allowed a credit against the tax imposed by this chapter in any subsequent taxable years. 1(2) The credit pursuant to this section shall be the amount of the excess, if any, of the tax paid based upon […]
220.12 – “Net income” defined.
220.12 “Net income” defined.—For purposes of this code, a taxpayer’s net income for a taxable year shall be its adjusted federal income, or that share of its adjusted federal income for such year which is apportioned to this state under s. 220.15, plus nonbusiness income allocated to this state pursuant to s. 220.16, less the exemption […]
220.1875 – Credit for contributions to eligible nonprofit scholarship-funding organizations.
220.1875 Credit for contributions to eligible nonprofit scholarship-funding organizations.— (1) There is allowed a credit of 100 percent of an eligible contribution made to an eligible nonprofit scholarship-funding organization under s. 1002.395 against any tax due for a taxable year under this chapter after the application of any other allowable credits by the taxpayer. An eligible contribution […]
220.13 – “Adjusted federal income” defined.
1220.13 “Adjusted federal income” defined.— (1) The term “adjusted federal income” means an amount equal to the taxpayer’s taxable income as defined in subsection (2), or such taxable income of more than one taxpayer as provided in s. 220.131, for the taxable year, adjusted as follows: 2(a) Additions.—There shall be added to such taxable income: 1.a. The amount of […]
220.1876 – Credit for contributions to the New Worlds Reading Initiative.
1220.1876 Credit for contributions to the New Worlds Reading Initiative.— 2(1) For taxable years beginning on or after January 1, 2021, there is allowed a credit of 100 percent of an eligible contribution made to the New Worlds Reading Initiative under s. 1003.485 against any tax due for a taxable year under this chapter after the application […]