TOURIST DEVELOPMENT TAX
Filed monthly to the Tax Collector’s Office (in the county where your property is located), due by the 1st of month; late filing penalties effective after 20th of month
Tourist Development Tax (TDT) is payable on rental income received. Your management company will usually collect and report all TDT on the rentals that they handle. However, if you receive rental income in your home country you will need to collect and report TDT on this income either through your management company or direct with the relevant authorities. If you choose to deal directly, you can make application to the Tax Collector’s Office to set up your account, alternatively we will prepare and file the application on your behalf to set up your account and assist with the initial filings.
Filing Deadline
Unless otherwise advised, Tourist Development Tax Returns should be completed monthly and submitted to the Tax Collector’s Office along with your tax payment by the 20th of the month following the reporting month. Thus rental income received during July should be reported and tax paid by 20th August. A $50 penalty is payable for any late filing (even where there was no income received) and interest is calculated on any late tax payment.
Reporting and Filing Overdue Tourist Development Tax – Voluntary Disclosure
Instructions for Completing Coupon
Tax Collector Website’s:-
Polk County - http://www.polktaxes.com/touristdev/tdtrequi.asp
Osceola County - http://www.osceolataxcollector.com/tourist-tax.html
Orange County - http://www.occompt.com/resorttax.html
Lake County - http://www.laketax.com/tourist_development/general_information.htm