CBS Miami Investigates: Who really benefits from Daytona 500 tax break?
In May, Governor Ron DeSantis went to a Sam's Club in Ocala to sign a package of tax cuts totaling $1.1 billion.
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In May, Governor Ron DeSantis went to a Sam's Club in Ocala to sign a package of tax cuts totaling $1.1 billion.
Florida lawmakers carve out $31.6 million tax break for business meals Dubbed the âthree martini lunchâ tax deduction by critics when it was passed by Congress last year, it refers to the practice of taking long leisurely business lunches and deducting them on tax returns as a business expense. Â Updated 1 hour ago TALLAHASSEE â Florida legislators may be using the budget to cut government and services, but they are also advancing proposals to deliver millions in corporate tax breaks to a select number of businesses â including a $31.6 million break to allow qualifying ...
Legislature's "cheers!" to tax break for 3-martini lunches draws jeers from critics Mary Ellen Klas, The Miami Herald Apr. 15—TALLAHASSEE — Florida legislators may be using the budget to cut government and services, but they are also advancing proposals to deliver millions in corporate tax breaks to a select number of businesses — including a $31.6 million break to allow qualifying businesses to write off 100% of the cost of all business meals from their state income taxes. Dubbed the "three martini lunch" tax deduction by critics when it was passed by Congress last year...