Florida tax policy allows for twelve different kinds of state taxes. The state of Florida collects these taxes through the Florida Department of Revenue. Florida is one of seven states in the United States that does not have a personal state income tax. State residents will not be subject to state tax withholding from their wages.http://dor.myflorida.com/dor/taxes/ 

However, Florida residents are still required to comply with the federal income tax laws. This means that they will still have to file a federal tax return to the Internal Revenue Service annually. Wage deductions for federal income tax, Social Security tax and Medicare tax will be withheld as usual from income earned in Florida.http://www.irs.gov 

While individuals are exempt from state income tax, corporations that are based in Florida or that do business in Florida will have to pay corporate state income tax. The taxes can be filed and paid online for convenience.https://taxapps.state.fl.us/haht-cgibin/hsrun/hahtprd/F_1120A/F_1120A.hjx;start=F_1120A.HsLogin.run

While individuals are exempt from state income tax, corporations that are based in Florida or that do business in Florida will have to pay corporate state income tax. The taxes can be filed and paid online for convenience.http://dor.myflorida.com/dor/taxes/corporate.html 

Taxes that Florida residents are subject to include:

1. Communication Services Tax
2. Estate Tax
3. Fuel Tax
4. Intangible Tax - Taxpayers who are leasing government-owned property will be required to pay this tax if the total exceeds $60.
5. Pollutants Tax - Pollutants, such as pesticides, chlorine and ammonia, that are imported into the state of Florida are subject to a flat tax rate per barrel, depending on the kind of material.
6. Unemployment Taxhttp://dor.myflorida.com/dor/taxes/
   

Sales tax is collected on nearly every sale made in the state of Florida. Currently, the sales tax rate is 6 percent. Companies that charge sales tax must then report the amount of tax collected monthly and quarterly and remit the amount to the Department of Revenue.http://dor.myflorida.com/dor/taxes/sales_tax.html 

Use tax is levied on items that are exempt from sales tax in Florida or on tax free items that were bought outside of Florida and later brought into the state. The tax is then applied to the use of the item.http://dor.myflorida.com/dor/taxes/sales_tax.html

Property tax is imposed on all privately owned property in Florida. Local county tax assessors decide the value of the property and then issue the amount of property tax owed based on the current market value. This revenue is sent directly to each county and is the "largest source of funding" for local governments.http://dor.myflorida.com/dor/property/taxpayers/#1 

Disclaimer: The content in this page is not a substitute for professional financial advice. Please contact a finance professional before using the information presented here.