Sales Tax Holiday August 3-August 5, 2018

Students will head back to the classroom soon, which means stocking up on school supplies. Again this year, the state of Florida will help by waiving sales tax for three days on most school supplies and most clothing.

Florida's annual back-to-school sales tax holiday runs this Friday through Sunday. 

You will not have to pay taxes on school supplies under $15. Most clothing, accessories and shoes under $60 will also be tax free. 

However, this will be the second time in six years that electronics are not in the offering.

2018 Back-to-School Sales Tax Holiday

States will be allowed to collect sales tax for online purchases

Today was an historic and important day for our industry. The United States Supreme Court ruled in favor of overturning the outdated standard set in of the 1992 Quill decision that prevented states from collecting sales tax for online purchases. The decision in South Dakota v. Wayfair was 5-4, and signaled that the justices recognized the need to bring the law into the 21st century. This is a critical step in leveling the playing field between brick-and-mortar retailers and online-only sellers. ICSC has been actively engaged in this issue for more than a decade, aggressively advocating for sales tax fairness on our members’ behalf. More recently, we led the real estate amicus brief in support of the tax law passed by the State of South Dakota. The victory means that state’s rights have been restored and they will now be allowed to implement sensible laws to collect the sales tax they depend on. The next step is for state and federal lawmakers to create formal tax policy that supports fairness and ICSC will continue to be actively involved on this front. We are pleased with the court’s ruling and knowing that the free market principles that are central to America’s economic system can once again be applied fairly to retailers across the country. Sincerely, Tom McGee ICSC President & CEO

Blanding Blvd. Shopping Center Sold

The Blanding Crossroads shopping center located at 8102 Blanding Blvd. has sold for $9.9 million. Global Fund Investments Inc. purchased the 174, 220 square foot center in June from Abrams Properties Inc. The center includes the following tenants according to an announcement from the new owner: Floor & Decor Outlets, Office Depot, Harbor Freight Tools and Dollar General.