Florida § 212.0597 - Maximum tax on fractional aircraft ownership interests.
Full text of Florida Florida Statutes § 212.0597 — Maximum tax on fractional aircraft ownership interests., with citation guidance and answers to common questions.
§ 212.0597. Maximum tax on fractional aircraft ownership interests.
The maximum tax imposed under this chapter, including any discretionary sales surtax under s. 212.055, is limited to $300 on the sale or use in this state of a fractional ownership interest in aircraft pursuant to a fractional aircraft ownership program. The tax applies to the total consideration paid for the fractional ownership interest, including any amounts paid by the fractional owner as monthly management or maintenance fees. The tax applies only if the fractional ownership interest is sold by or to the program manager of the fractional aircraft ownership program, or if the fractional ownership interest is transferred upon the approval of the program manager of the fractional aircraft ownership program.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 212.0597
What does Florida Statutes § 212.0597 cover?
Section 212.0597 ("Maximum tax on fractional aircraft ownership interests.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 212.0597?
A common citation format is "Florida Statutes § 212.0597" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 212.0597 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.