In 2024, Florida offers several sales tax incentives to support the manufacturing and entertainment industries:

• Manufacturing Equipment Exemptions: Tax-free purchases for companies engaged in manufacturing or processing industrial machinery and equipment.

• Enterprise Zone Program: Sales tax refunds on building materials and machinery for businesses located in designated Enterprise Zones.

• Research and Development (R&D) Exemption: Exemptions on machinery and equipment used in R&D activities.

• Space and Aerospace Industry Relief: Tax exemptions for machinery and equipment used in spaceports and aerospace-related activities.

• Film and Entertainment Incentives: Sales tax exemptions on production-related purchases such as equipment and supplies for the film and entertainment industry.

These incentives aim to reduce tax burdens and promote economic growth within these key sectors.