SALES TAX REFUND FOR BUSINESS MACHINERY AND EQUIPMENT USED IN AN ENTERPRISE ZONE (Form EZ-E) (Form DR-26S)
Section 212.08 (5)(h), Florida Statues
What is the program?
A refund is available for sales taxes paid on the purchase of certain business property, (e.g. tangible personal property such as office equipment, warehouse equipment, and some industrial machinery and equipment), which is used exclusively in an enterprise zone for at least three years.
What are the advantages?
This incentive reduces the cost of purchasing new and used qualified tangible personal property that is used in an enterprise zone.
What are the limitations?
The total amount of sales tax refund must be at least $100, but no more than the lesser of $5,000 or 97% of the tax paid. If 20% or more of the permanent, full-time employees of the business are residents of a Florida enterprise zone, the refund will be no more than the lesser of $10,000 or 97% of the tax paid.
How do I receive the credit?
Form DR-26 and Form EZ-E must be certified by an Enterprise Zone Coordinator for the enterprise zone in which the business is located, and must be filed with the Department of Revenue within 6 months or when the business equipment is purchased.
