The issue for determination in this proceeding is whether the petitioner is a charitable institution within the meaning of Florida Statutes, Section 212.08(7) so as to be entitled to an exemption from Florida sales taxation.Housing corporation existing to better conditions of migrant workers should be granted tax exempt status as charitable organization.
The issue presented is what is Peaches' basis in the Sterling stock?In computing tax due on transfer of stock with basis of $10,000 which was worth over $1 million at time of transfer and later sale, use sale minus basis.
Petitioner liable for sales taxes and penalties/interest from leases of aptartments by corporation of which he was part owner. Exclude from assessment $300 in second deposit.
Whether or not the Petitioner is required to pay taxes under the authority of Chapter 212, Florida Statutes, which are set forth in the assessment by the Respondent, State of Florida, Department of Revenue, dated May 18, 1977.Uphold the assessment against the leasing of parking spaces and televisions to renters.
Petitioner's alleged liability for sales tax, interest and penalties under Chapter 212, Florida Statutes, as set forth in Notice of Proposed Assessment, dated June 23, 1977.Petitioner only liable for admitted taxes due, not for full purchase price of cars before trade-ins were deducted.
