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Cell Phone/Cable TV Rate Reductions Now in Effect

Cell Phone/Cable TV Rate Reductions Now in Effect

As of July 1, Florida taxpayers began saving on their cell phone, cable and satellite bills. The Florida Legislature last month passed a 1/73 percent rate reduction on the state sales tax as part of a Florida Chamber-backed $400 million targeted tax reform package. Floridians will save a total of $220 million in the first year due to the phone and TV tax reduction.

Communications services providers have until October 1, 2015, to implement the law, despite the July 1 effective date. Any excess taxes collected between now and October must be refunded to customers by October 1.

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