Florida Corporation Taxes

Florida corporations can face both entity-level income tax and separate annual business taxes, depending on whether the company is treated as a C corporation, an S corporation, or a corporation subject to a separate franchise or margin-tax regime. This guide is rendered from the source-backed tax profile so future updates stay tied to official state tax sources.

At a Glance

Topic	Current treatment
C corporation tax	5.5%
S corporation tax	See official guidance
Minimum tax	$25,000 exemption on Florida net income
Separate business taxes	No
Sales tax	Yes — 6%

Corporate Income Tax

The current Florida profile lists a C corporation rate of 5.5% and an S corporation rate of see official guidance.

Florida corporate income tax generally applies to corporations and LLCs taxed as C corporations.

If your company elected S corporation treatment federally, do not assume the state follows federal law automatically. The state profile is the right place to confirm whether the state recognizes the election and whether it still imposes a separate entity-level tax.

Franchise, Margin, Gross Receipts, and Other Business Taxes

The current profile shows the following business-tax items:

No separate franchise, margin, gross receipts, or minimum business tax is listed in the current profile.

These taxes can apply in addition to corporate income tax. That distinction matters because a corporation may owe a minimum, franchise, or margin-style tax even in a low-profit year.

Sales Tax for Corporations

Florida has a base statewide sales tax rate of 6%. County discretionary surtax can increase the combined rate.

If the corporation sells taxable goods or taxable services, use Florida Department of Revenue for registration and rate verification. The current profile points to: https://floridarevenue.com/taxes/taxesfees/Pages/sales_tax.aspx.

Filing Planning and Entity Choice

The state tax profile is also useful for entity-choice planning. If the S corporation rate, minimum tax, or PTE election rules are materially different from the C corporation rules, that can change whether an S election makes sense. The right comparison is not just federal tax savings; it is the full state stack of income tax, minimum tax, franchise tax, sales tax, and annual compliance cost.

State-Specific Quirks

Pass-through advantage: Default LLC and S corporation pass-through owners generally avoid Florida state income tax altogether unless the entity is taxed as a corporation.

Bottom Line

For a Florida corporation, the main compliance risk is overlooking the extra layer beyond ordinary corporate income tax. Check the minimum tax, the separate business-tax regime, and the state's sales-tax registration rules every time the profile is refreshed.