PAID ADVERTISEMENT
Lawmakers approved the first-of-its-kind tax holiday, which will run from July 1 through July 7, to help spur people to get out and enjoy activities after being cooped up at home during the coronavirus pandemic. During the holiday, people will be able to avoid paying sales taxes on tickets purchased for such things as live music, athletic contests, in-theater movies, cultural events and entrance to museums and state parks. Tickets could be purchased during the week for events that occur later in the year, including annual passes. The holiday will also provide sales-tax exemptions for such outdoor equipment as tents, grills, bicycles, kayaks and fishing supplies.
Economists initially projected the period would reduce state and local revenue by $54.7 million. The Freedom Week holiday was part of an overall $196.3 million tax package that also included more-traditional tax holidays for back-to-school shoppers and people buying hurricane supplies.
For a full article on Freedom Week, please go to: ‘Freedom Week’ tax holiday coming up. How will it affect Florida’s tax revenue? – Florida Trend | NSF