|
FLORIDA THE PERFECT
TAX CLIMATE
-
No Inventory Taxes
-
No Inheritance Taxes
-
No State Level Property Taxes
-
No Corporate Franchise Taxes
-
No State Personal Income Tax
-
6.5% Sales Tax on 1st $5,000
(Then 6.0% )
|
REAL ESTATE TAXES
Volusia County
From a call to the Volusia County Appraisers Office
About 85 % of Appraised Value to obtain Assessed Value
Take 25,000 from results for Homestead Exemption
(if you applied before the 1st of the year)
Multiply the result times 1.8%
EXAMPLE - Approximate Only
Appraised Cost of Home and Lot $400,000.00
Times Eighty Five Percent for Assessed Value = $340,000
Minus Homestead Exemption of $25,000
Leaves a Taxable Balance of $315,000
Times 1.8% millage rate equals a R.E. Tax of $5,670.00

|