Property Tax Alert: Florida

December 2003

The rate of interest on Florida tax assessments and refunds has gone from 4% (which was imposed for the period of July 1 through October 31, 2003) to 8%. This increase is for the period of November 1 through December 31, 2003. Beginning November 1, 2003, all interest on unpaid deficiencies (on or after January 1, 2000) will be calculated using the new higher rate.

Please contact Rash & Associates for more information.