The Department is developing proposed amendments to Rule 12B-8.016, F.A.C. (Retaliatory Provisions), to provide guidance regarding paragraph 624.5091(1)(a), F.S. The proposed amendments will seek to provide clarification of how the retaliatory tax ...

 

DEPARTMENT OF REVENUE

Miscellaneous Tax

RULE NO.:RULE TITLE:

12B-8.016Retaliatory Provisions

PURPOSE AND EFFECT: The Department is developing proposed amendments to Rule 12B-8.016, F.A.C. (Retaliatory Provisions), to provide guidance regarding paragraph 624.5091(1)(a), F.S. The proposed amendments will seek to provide clarification of how the retaliatory tax comparison is made between items that "are or would be imposed upon Florida insurers, or upon the agents or representatives of such insurers," as compared to items from the insurer's state of domicile that are "directly imposed upon similar insurers, or upon the agents or representatives of such insurers."

SUBJECT AREA TO BE ADDRESSED: The subject area to be addressed concerns items included in the retaliatory tax computation. This is a rule development workshop at which participation and information regarding the retaliatory tax computation is encouraged. Persons are encouraged to participate in the rule development workshop and to submit written comments for the following issue:

• Items to be included or excluded in the Florida Retaliatory Tax computation, and what impact, if any, the payment by or the reimbursement from an insurer's agent (Florida or state of domicile) has on the inclusion or exclusion of that item from the computation.

RULEMAKING AUTHORITY: 213.06(1) FS.

LAW IMPLEMENTED: 213.05, 624.509, 624.5091, 624.5092 FS.

A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: June 18, 2013, 10:00 a.m.

PLACE: 2450 Shumard Oak Boulevard, Building One, Room 1220, Tallahassee, Florida

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 48 hours before the workshop/meeting by contacting: Tammy Miller at [phone]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Robert DuCasse, Revenue Program Administrator I, Technical Assistance and Dispute Resolution, Department of Revenue, P. O. Box 7443, Tallahassee, Florida 32314-7443, telephone [phone]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.