$25,000 Tangible Personal Property Exemption
In 2008, voters enacted Amendment 1 which created a $25,000 tangible personal property (TPP) exemption. Florida Statute 196.183 was enacted to implement this legislation . In order to receive the exemption, you must file a tangible personal property return. There is no additional application, however, without filing a return, the exemption will not be granted.
Per F.S.193.062, the deadline for filing TPP returns is April 1st.
If you have any further questions, please contact the Tangible Personal Property Department at our main office location.