The DMA Way

Your Corporate Tax Blog

The tax world is an ever-changing environment, making it challenging to stay up-to-date. The tax experts at DMA post timely tax updates and information to help tax professionals in corporate taxation, specifically in property tax, sales tax, use tax, state income tax, commodity tax, Crown Royalties, unclaimed property and tax technology / tax solutions.

Welcome to The DMA Way — your exclusive inside look on the latest industry trends with tax updates from across North America.

Florida Requires Supermajority Vote

by DMA Staff | Dec 19, 2018

With Amendment 5 passing post-election with nearly 66% of the vote, new criteria has been created when imposing or increasing state taxes or fees. If a new or increased tax is proposed, it is required to receive two-thirds of the vote to create a supermajority. Currently, 15 states require a supermajority vote for some taxes. 

This article is part of DMA's Completely Compliance quarterly newsletter. Stay up to date with sales and use tax news, events, and information by signing up for the newsletter here.