Tax Incentive Available to Business Owners

gc-capitol-fl-1-tallahassee-1995-mar-3-blogAccording to FL Statute 220.183 and in conjunction with the Department of Economic Development, business owners in the state of Florida that pay sales or corporate sales tax will be entitled to receive the Community Contribution Tax Credit.  The CCTCP is an incentive that allows a 50% credit against any taxes due for a taxable year.  

Did you know that by sponsoring a Habitat home you can pay for something tangible, help a deserving family get into a home and receive the tax credit or pay your sales tax to the IRS?  For more information on how to apply for the incentive, please contact Toni Joyce (863-385-7156) or tjoyce@habitathighlands.org

Link: Florida Statutes 220.183