Florida DOR Clarifies Documentary Stamp Tax for LLC Member Interest Transfer

The Florida Department of Revenue (DOR) issued a Technical Assistance Advisement (TAA) stating that a transfer of member interest in a limited liability company (LLC) that owns Florida real property acquired in 2021 is not subject to Florida’s documentary stamp tax. Additionally, a subsequent deed transferring the unencumbered Florida real property from the LLC to an individual without consideration is also not subject to the documentary stamp tax. [Fla. Dep’t of Revenue, Technical Assistance Advisement 25D1-001, 09/09/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.