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Florida Administrative Code (Last Updated: April 18, 2024) |
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12. Department of Revenue |
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12A. Sales and Use Tax |
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12A-1. Sales And Use Tax |
Effective on Tuesday, December 13, 1988
1The sale of a gift certificate is not taxable. When the owner of a gift certificate redeems it for tangible personal property, or a part thereof, the transaction is taxable as a sale. For example, if the owner of a gift certificate valued at $25 purchases a $15 pair of shoes, tax of 90 cents must be collected by the dealer and remitted to the Department of Revenue.
69Cross Reference – Rules 7312A-1.004 74and 7512A-1.076, 76F.A.C.
77Rulemaking Authority 79212.17(6), 80212.18(2), 81213.06(1) FS. 83Law Implemented 85212.02(19), 86212.05(1), 87212.06(1), 88212.21(2) FS. 90History–New 10-7-68, Amended 6-16-72, 7-20-82, Formerly 12A-1.89, Amended 12-13-88.
