TAX NEWS - January 2010

Intangible Tax - Florida

Intangible Tax

All claims for a refund of intangible tax must include a copy of the tax return, a copy of your cancelled check (front and back) and other additional documents.

1.Non-Florida resident claiming a refund due to paying intangible tax.
- Copy of a federal or state income tax return
- Copy of voter registration card


2.Intangible taxpayer claiming a refund because tax was paid on receivables secured by real property.
- Copy of the recorded mortgage and amortization schedule


3.Corporate Intangible taxpayer claiming a refund because tax was paid on overstated receivables.
- Breakdown of all accounts receivables


4.Intangible taxpayer claiming a refund because tax was paid on overstated or overvalued assets.
- Copy of complete brokers' statement, showing the correct valuation of the assets reported not the 1099 - Interest form.


5.Intangible taxpayer claiming a refund because tax was paid on exempt investments.
- Bank statements for exempt bank accounts
- Documentation showing registration of a retirement plan (for example: IRA designation)
- Prospectus and annual report for mutual funds
- Prospectus, notice of offering or partnership agreement for limited partnerships


6.Intangible taxpayer claiming a refund because tax was paid on an exempt trust.
- Copy of the trust agreement
- List of names and addresses of trustee and beneficiaries
- Trust statement (lists of assets held in trust)


7.Corporate intangible taxpayer is claiming a refund because tax was paid by an exempt organization.
- Copies of federal registration as a 501(c)3 organization