Definition: Florida documentary stamp tax on taxable transfers of real-property interests, generally calculated from consideration. Outside Miami-Dade, the rate is $0.70 per $100 or fractional part.
Example
For $300,050 of taxable consideration outside Miami-Dade, round up to 3,001 units: 3,001 × $0.70 = $2,100.70.
Keep the distinction clear
Miami-Dade uses different rates, including a surtax with an exception for transfers of only a single-family dwelling. Consideration can include more than cash; exemptions must be checked.
Related terms
Documentary Stamp Tax (Doc Stamps) · Consideration · State Documentary Stamp Tax on Notes
Keep studying
Documentary Stamp and Intangible Taxes
References: Florida DOR: documentary stamp tax
Pronunciation (US): STATE dok-yuh-MEN-tuh-ree STAMP TAKS on DEEDZ (capitals show stress)
Pronunciation reference: Merriam-Webster
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