COIN LAUNDRIES AND SALES TAX
Most coin laundry revenues are specifically exempted from
Florida sales tax, but some of your revenues are taxable. Revenues from
washers, dryers, wash dry fold and dry cleaning are not subject to sales tax.
However, revenues from sales of products, such as soaps,
bleaches, sodas and snacks are taxable at rate of 6% in Broward County, 6.5%
in Palm Beach County and 7% in Miami-Dade. This is true even if they are
sold through vending machines and you did not have the opportunity to add sales tax to the vend price. Essentially
at a 6% rate, the state assumes that you
actually sold a 50 cent box of soap for 47 cents, and collected 3 cents of
The sales tax you collect is to be remitted monthly to the
state using Form DR-15, due the 20th of the following month. Because
most coin laundries generate only small amounts of sales tax, you may request
to be a quarterly filer, meaning you will only pay sales taxes every three
Additionally, all vendors who sell taxable products through
vending machines are required to report taxable vending revenue, and sales tax
collected, to the state. This data is sent in on Form DR-15VO and is for
informational purposes only, as the sales tax is actually paid along with the
monthly or quarterly forms discussed above.
Be sure to provide your suppliers or vendors of taxable
products with a resale certificate when you buy your vending products, so that
you will not pay sales taxes on the products you buy that are intended for
resale to your customers.
Contact Florida Laundry Brokers LLC: