Published on: 13109761. Approval of the proposed amendments to Rule 12B-4.013, F.A.C. (Conveyances Subject to Tax), Rule 12B-4.014, F.A.C. (Conveyances Not Subject to Tax), and Rule 12B-4.054, F.A.C. (Exempt Transactions). These proposed rule amendments were noticed in the April 22, 2013 (Vol. 39, No. 78, pp. 2063-2065), Florida Administrative Register.; June 25, 2013, during a regular meeting of the Governor and Cabinet, 9:00 a.m.; Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida
Please refer to the Cabinet Agenda posted to the Department’s Internet site at http://dor.myflorida.com/dor/rules prior to attending a meeting.
Published on: 12901696. The Supreme Court of the United States concluded that 11 U.S.C. Section 1146(a) affords a stamp-tax exemption only to transfers made pursuant to a Chapter 11 bankruptcy plan that has been confirmed under 11 U.S.C. Section 1129 (Florida Department of Revenue v. Piccadilly Cafeterias, Inc., 554 U.S. 33 (2008)).
The purpose of the proposed amendments to Rule Chapter 12B-4, F.A.C. (Documentary Stamp Tax), is to clarify the application of documentary stamp tax to the issuance, transfer, or exchange of a security, or the making or delivery of an instrument of transfer pursuant to Section 1146(a) under a bankruptcy plan confirmed under 11 U.S.C. Section 1129.
Published on: 12763374. Approval to publish a Notice of Proposed Rule for Rule 12B-4.013, F.A.C. (Conveyances Subject to Tax), Rule 12B-4.014, F.A.C. (Conveyances Not Subject to Tax), and Rule 12B-4.054, F.A.C. (Exempt Transactions).; April 2, 2013, during a regular meeting of the Governor and Cabinet, which begins at 9:00 a.m. A notice of public meeting for the March 19, 2013, meeting of the Governor and Cabinet, was published in the February 20, 2013, (Vol. 39, No. 35, p. 925), Florida Administrative Register.; Meeting to be held in St. Augustine, Florida, specific location to be determined. Please refer to the Cabinet Agenda posted to the Department’s Internet site at http://dor.myflorida.com/dor/rules prior to attending the meeting for the location.
Published on: 12664531. Approval to publish a Notice of Proposed Rule for Rule 12B-4.013, F.A.C. (Conveyances Subject to Tax), Rule 12B-4.014, F.A.C. (Conveyances Not Subject to Tax), and Rule 12B-4.054, F.A.C. (Exempt Transactions).; March 19, 2013, during a regular meeting of the Governor and Cabinet, which begins at 9:00 a.m.; Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida. Please refer to the Cabinet Agenda posted to the Department’s Internet site at http://dor.myflorida.com/dor/rules prior to attending a meeting.
Published on: 11753119. The Supreme Court of the United States concluded that 11 U.S.C. Section 1146(a) affords a stamp-tax exemption only to transfers made pursuant to a Chapter 11 bankruptcy plan that has been confirmed under 11 U.S.C. Section 1129 (Florida Department of Revenue v. Piccadilly Cafeterias, Inc., 554 U.S. 33 (2008)).
The purpose of the proposed amendments to Rule 12B-4.013, F.A.C. (Conveyances Subject to Tax), and Rule 12B-4.014, F.A.C. (Conveyances Not Subject to Tax), is to clarify that a document that transfers Florida real property pursuant to a bankruptcy plan under 11 U.S.C. Section 1129 delivered after the bankruptcy plan has been confirmed is not subject to documentary stamp tax. Transfers prior to confirmation of the plan are subject to tax.
The purpose of the proposed amendments to Rule 12B-4.054, F.A.C. (Exempt Transactions), is to clarify that a promissory note or other written obligation to pay money, bond, mortgage, trust deed, security agreement, or other evidence of indebtedness filed or recorded in Florida issued pursuant to a bankruptcy plan under 11 U.S.C. Section 1129 after the plan has been confirmed is not subject to documentary stamp tax.
Published on: 6717558. Approval of the proposed amendments to the rules listed below. These proposed rule amendments were noticed in the December 19, 2008, (Vol. 34, No. 51, pp. 6605-6615), Florida Administrative Weekly.
Documentary Stamp Tax – Rule 12B-4.003, F.A.C. (Public Use Forms), Rule 12B-4.007, F.A.C. (Recordation of Documents), and Rule 12B-4.014, F.A.C. (Conveyances Not Subject to Tax)
Fuels and Pollutants Tax – Rule 12B-5.150, F.A.C. (Public Use Forms)
Corporate Income Tax – Rule 12C-1.013, F.A.C. (Adjusted Federal Income Defined), and Rule 12C-1.068, F.A.C. (Intangible Tax Credit; Additional Tax Due – Repeal)
Estate Tax – Rule 12C-3.0015, F.A.C. (Documents, Extensions, and Due Dates for Filing), Rule 12C-3.007, F.A.C. (Interest on Overpayment of Taxes – Repeal), Rule 12C-3.008, F.A.C. (Public Use Forms), Rule 12C-3.009, F.A.C. (Penalties and Interest – Repeal), Rule 12C-3.010, F.A.C. (Final Certificate and Nontaxable Certificate Mailing Procedures), and Rule 12C-3.013, F.A.C. (Protest Procedures – Repeal); March 10, 2009, during a regular meeting of the Governor and Cabinet, which begins at 9:00 a.m.; Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida
Published on: 6539369. Chapter 2008-24, Laws of Florida (L.O.F.), repealed the requirement to file a form with the clerk of the court when recording a document transferring an interest in real property previously provided in Section 201.022, Florida Statutes (F.S.). The purpose of these proposed rule changes is to: (1) remove the requirements for filing Form DR-219, Transfers of Interest in Real Property, rendered obsolete by this law, with the clerk of the court; (2) provide a new form to document the exemption provided under Section 201.02(6), F.S.; and (3) update the information on how to obtain a copy of a form from the Department.