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Are documentary stamp taxes and surtaxes due under Ch. 201, F. S., on the assignment or other conveyance of an existing long-term lease of real property? 2. Is an obligation to pay money secured by a mortgage encumbering such a long-term lease on real property subject to the nonrecurring two mill intangible tax under s. 199.032(2), F. S.?
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Don’t Pay Unnecessary Documentary Stamp and Intangible Taxes April 2, 2015 Phyllis Bean Because Florida does not impose a state income tax on individuals, the imposition of documentary stamp and non-recurring intangible personal property taxes on florida real estate loan transactions is one way that the State provides for additional revenue.
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