If you have been in the car dealer business a long time, then you might remember that the Florida Department of Revenue used to offer local training classes to new businesses or new employees in old businesses, to make sure that they really knew how to comply with the sales and use tax laws. In case you have not heard, the Florida Department of Revenue has a task force out against the used car dealer industry statewide based on a comparison of DMV reports to sales tax returns (see link to a more in depth article on this topic at the end of this article). While the Florida Department of Revenue may refer to a car dealership as a "business partner," the Florida Department of Revenue expects the car dealer to be responsible for every mistake and missing document and the resulting sales and use taxes. Failure to comply with the rules can be devastating to a car dealer and the common "but I remitted every penny I collected" defense does not protect you from liability. The purpose of this article is to go over some of the requirements a Florida car dealer faces when attempting to comply with the sales and use tax collection and remitting responsibilities for the Florida Department of Revenue.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |