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Tourist Development Tax

 

Frequently Asked Questions

Who collects the tourist development tax from tourists?
All owners and operators of living quarters and accommodations in a hotel, apartment-hotel, motel, resort motel, apartment-motel, rooming house, tourist or travel camp, condominium, cooperatively-owned apartment, mobile home, trailer, single or multiple-unit dwelling, beach house, cottage or any other sleeping accommodation that is rented for six months or less are subject to the tax on transient rentals which must be collected from tenants or guests and remitted to the Hillsborough County Tax Collector.
I am renting out a room in my house, do I need to collect Tourist Development Tax?
Yes. The Tourist Development Tax is a 5% tax on the total rental amount collected from any person or other party who rents, leases, or lets for consideration living quarters or accommodation in hotels, apartment hotels, motels, resort motels, apartments, apartment motels, rooming houses, tourist or trailer camps, vessels or condominiums for a period of 6 months or less. According to Florida Law (F.S. 125.0104), the renting of such property is a privilege, which is subject to taxation, and the requirements and conditions of that taxation are set forth by the State of Florida, as well as various County Governments within the State.
What do owners and operators receive for collecting the Tourist Development tax?
To compensate owners and operators for the collection of taxes from their guests and tenants, owners and operators are entitled to an allowance of 2.5% of the first $1,200 of tax collected ($30.00 maximum), provided the tax is remitted on time.
How often are tourist development taxes remitted?
The Tourist Development tax is due to the Tax Collector's office by the 20th day of the month following collection. Any payments remitted after the due date are considered delinquent and are subject to interest and penalties. If the 20th falls on a Saturday, Sunday or federal or state legal holiday, the returns are timely if postmarked on the next succeeding workday.
Where are Tourist Development taxes remitted?
Checks should be made payable to: Doug Belden, Tax Collector Mailing Address: Hillsborough County Tax Collector's Office Attn: Tourist Development Dept.601 E. Kennedy Blvd. 14th Floor Tampa, FL 33602
What is the penalty for noncompliance?
Penalties can be costly if the tax payment is not remitted properly and on time. Collection allowance is forfeited. A penalty of $50.00 or 10% of the tax due, whichever is greater. Interest is accrued at a floating rate times the tax due for returns postmarked after the due date. The charge for a returned check is $25.00.
What records are required in case of an audit?
All Tourist Development Tax records must be retained for three years and made available for audit at the place of business. Any business dealing in guest/tenant/transient accommodations is responsible for collecting and remitting this tax and for maintaining records such as guest checks, general ledgers, sales tax payments, Federal income tax returns, etc. Any records located outside the county must be returned to the audit site prior to the audit. For questions regarding audits and retention period of Tourist Development tax documents, please contact our office at (813) 635-5227.