Okay. Thanks so much for confirming and letting us know, Art. Using this as a follow-up in the Landlord-Tenant Committee discussion as well, since the question was also raised there. Gregory R. Haney | Shumaker Attorney at Law Board Certified in Real Estate Law Bank of America Plaza, Suite 2800 101 East Kennedy Boulevard | Tampa, FL 33602 Direct 813.227.2277 | Fax 813.229.1660 ghaney@slk-law.com | bio<http://www.slk-law.com/Professionals/Gregory-Scott-R-Haney> | LinkedIn<http://www.linkedin.com/in/gregoryhaney> ________________________________ Confidentiality Statement: This electronic message contains information from the law firm of Shumaker, Loop & Kendrick, LLP, and may be confidential or privileged. The information is intended to be for the use of the individual or entity named above. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this message is prohibited. If you have received this electronic message in error, please notify the sender immediately by reply e-mail or telephone 800.444.6659. From: Arthur J. Menor [mailto:AMenor@shutts.com] Sent: Wednesday, June 14, 2017 2:03 PM To: Haney, Gregory; 'Martin A. Schwartz' Cc: 'Stone, Adele'; Neil B. Shoter; Yugma Desai Subject: Sales Tax Bill We spoke with the Department of Revenue and were advised that the date that a lease is executed or the date the tenant takes occupancy has no bearing on whether the reduced tax rate applies. Rather, it is the period for which the rent is due that determines the rate. As an example, for a lease that is executed prior to July 1, 2017, a 6 percent tax rate would be assessed for the rent payments for the period through the month of December 2017, while a 5.8 percent tax rate would be assessed for the rent payments for the period of January 2018 and thereafter. [Shutts_Logo.jpg] Arthur J. Menor Partner, Board Certified in Real Estate Law Fellow, American College of Real Estate Lawyers ________________________________ Shutts & Bowen LLP CityPlace Tower, 525 Okeechobee Blvd, Suite 1100 | West Palm Beach, FL 33401 Direct: (561) 650-8510 | Fax: (561) 822-5510 | Cell: (561) 358-1572 E-Mail<mailto:AMenor@shutts.com> | Biography <http://www.shutts.com/lawyer/arthur-j-menor> | V-Card<http://www.shutts.com/index.php?vcard&id=895> | Website<http://www.shutts.com> Please consider the environment before printing this email