PROPERTY TAXES

A property tax relief plan advanced on Monday without a provision – opposed by FAR – that would have authorized a sales tax on services, possibly including Realtors’ commissions. The Taxation and Budget Reform Commission will now consider two possible amendments that offer all property owners about a 25 percent tax savings, and possibly a 1 percent sales tax increase to make up for local governments’ shortfall.

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http://www.floridarealtors.org/NewsAndEvents/n3-022608.cfm