June 3, 2022

Report: 1 in 5 Florida corporations paid no income tax on 2020 revenue

Jason Delgado writes:

"TALLAHASSEE — One in five of the wealthiest corporations in Florida paid zero corporate income tax in 2020, according to a report published Thursday by the Florida Policy Institute [emphasis added].

The report is a damning indictment of Florida's corporate income tax law and was released hours after Gov. Ron DeSantis signed off on Florida's "Freedom First Budget," which Democratic lawmakers decried Thursday as a favor to corporations."

Read more at tallahassee.com

Downloadable Resources

There are no attachments currently.
No items found.
Related posts
No items found.