Florida Statute 201.0201 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XIV
TAXATION AND FINANCE

Chapter 201
EXCISE TAX ON DOCUMENTS

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F.S. 201.0201

201.0201 Interpretation of s. 201.02.—

(1) The Legislature finds that the Florida Supreme Court opinion in Crescent Miami Center, LLC v. Florida Department of Revenue, 903 So. 2d 913 (Fla. 2005), interprets s. 201.02 in a manner that permits tax avoidance inconsistent with the intent of the Legislature at the time the statute was amended in 1990.

(2) The Legislature finds that the opinion of the District Court of Appeal for the Third District of Florida in Crescent Miami Center, LLC v. Florida Department of Revenue, 857 So. 2d 904 (Fla. 3d D.C.A. 2003), interprets s. 201.02 in a manner that prevents tax avoidance consistent with the intent of the Legislature at the time the statute was amended in 1990.

(3) The Legislature recognizes that the Supreme Court’s opinion in Crescent is limited to the facts of the case and accepts the court’s interpretation of s. 201.02 that no consideration exists when owners of real property unencumbered by a mortgage convey an interest in such property to an artificial entity whose ownership is identical to the ownership of the real property before conveyance. The Legislature expressly rejects any application of the court’s interpretation where the facts are not comparable to the facts in Crescent. However, because the Supreme Court’s interpretation, combined with other settled law regarding the application of s. 201.02, allows for the tax-free transfer of ownership interests in real property from one owner to another through the use of artificial entities, it is the Legislature’s intent by this act to impose the documentary stamp tax when the beneficial ownership of real property is transferred to a new owner or owners by the use of techniques that apply the Supreme Court’s decision in Crescent in combination with transfers of ownership of, or distributions from, artificial entities.

History.—s. 3, ch. 2009-131.

F.S. 201.0201 on Google Scholar

F.S. 201.0201 on Casetext

Amendments to 201.0201

Arrestable Offenses / Crimes under Fla. Stat. 201.0201

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 201.0201.

Annotations, Discussions, Cases:

Cases Citing Statute 201.0201

Total Results: 9

THE BLIND MONK, LLC v. 410 EVERNIA STREET PARTNERS, LLC

Court: District Court of Appeal of Florida | Date Filed: 2023-07-19

Snippet: appellee’s option.” Denco, Inc. v. Belk, 109 So. 2d 201, 201 (Fla. 2d DCA 1959) (Denco II). In approving the

Green v. Ivey

Court: District Court of Appeal of Florida | Date Filed: 2017-03-31

Citation: 220 So. 3d 475, 2017 WL 1202630, 2017 Fla. App. LEXIS 4420

Snippet: Inc. v. Summit Consulting, Inc., 905 So.2d 201, 201-02 (Fla. 3d DCA 2005) (reversing order granting

James v. State

Court: District Court of Appeal of Florida | Date Filed: 2016-02-05

Citation: 185 So. 3d 649, 2016 Fla. App. LEXIS 1537, 2016 WL 455794

Snippet: James cites Smith v. State, 100 So.3d.201, 201 (Fla. 2d DCA 2012), in which, the postconviction

Theodore Ryan v. City of Boynton Beach, etc., and Frank Janots

Court: District Court of Appeal of Florida | Date Filed: 2015-02-04

Citation: 157 So. 3d 417, 2015 Fla. App. LEXIS 1428

Snippet: Denmark v. State Dep’t of Transp., 389 So.2d 201, 201 (Fla.1980); State Rd. Dep’t v. Levato,

Pyjek v. ValleyCrest Landscape Development, Inc.

Court: District Court of Appeal of Florida | Date Filed: 2013-05-15

Citation: 116 So. 3d 475, 2013 WL 1979461, 2013 Fla. App. LEXIS 7805

Snippet: 510; Pinehot v. First Fla. Banks, Inc., 666 So.2d 201, 201-02 (Fla. 2d DCA 1995) (citing Snyder). Competelli

Competelli v. City of Belleair Bluffs

Court: District Court of Appeal of Florida | Date Filed: 2013-05-15

Citation: 113 So. 3d 92, 35 I.E.R. Cas. (BNA) 1245, 2013 Fla. App. LEXIS 7859, 2013 WL 1979221

Snippet: 510; Pinchot v. First Fla. Banks, Inc., 666 So.2d 201, 201-02 (Fla. 2d DCA 1995) (citing Snyder). The City

Patrowicz v. Wolff

Court: District Court of Appeal of Florida | Date Filed: 2013-04-05

Citation: 110 So. 3d 973, 2013 WL 1352488, 2013 Fla. App. LEXIS 5549

Snippet: Morgan, Colling & Gilbert, P.A. v. Pope, 756 So.2d 201, 201 (Fla. 2d DCA 2000). “A trial court’s order erroneously

Wax v. Horne

Court: District Court of Appeal of Florida | Date Filed: 2003-05-14

Citation: 844 So. 2d 797, 2003 WL 21077417

Snippet: reversed.” Fla. Real Estate Comm’n v. Webb, 367 So.2d 201, 201 (Fla.1978); Weiss v. Dep’t of Bus. & Prof'l Regulation

Wax v. Horne

Court: District Court of Appeal of Florida | Date Filed: 2003-05-14

Citation: 844 So. 2d 798

Snippet: reversed." Fla. Real Estate Comm'n v. Webb, 367 So.2d 201, 201 (Fla.1978); Weiss v. Dep't of Bus. & Prof'l Regulation