Pulse360 | TAMPA2020 | Page 12

// STRONG BUSINESS CLIMATE AND THE 18TH LARGEST IN THE WORLD FLORIDA IS THE 4TH LARGEST ECONOMY IN THE UNITED STATES $838B OF THE IN STATE GDP 15% IS GENERATED IN TAMPA BAY, MAKING IT AN ATTRACTIVE DESTINATION FOR COMPANIES // STATE INCENTIVES NO STATE PERSONAL INCOME TAX NO PROPERTY TAX ON BUSINESS INVENTORIES NO CORPORATE INCOME TAX ON LIMITED PARTNERSHIPS NO CORPORATE INCOME TAX ON SUBCHAPTER S-CORPORATIONS NO SALES AND USE TAX ON GOODS MANUFACTURED OR PRODUCED IN FLORIDA FOR EXPORT OUTSIDE THE STATE 2016 TAMPA PULSE // 12 NO CORPORATE FRANCHISE TAX ON CAPITAL STOCK NO SALES TAX ON MANUFACTURING MACHINERY AND EQUIPMENT NO STATE-LEVEL PROPERTY TAX ASSESSED NO SALES/USE TAX ON CO-GENERATION OF ELECTRICITY