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Florida Statute 220.12 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
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F.S. 220.12 Case Law from Google Scholar Google Search for Amendments to 220.12

The 2024 Florida Statutes

Title XIV
TAXATION AND FINANCE
Chapter 220
INCOME TAX CODE
View Entire Chapter
F.S. 220.12
220.12 “Net income” defined.For purposes of this code, a taxpayer’s net income for a taxable year shall be its adjusted federal income, or that share of its adjusted federal income for such year which is apportioned to this state under s. 220.15, plus nonbusiness income allocated to this state pursuant to s. 220.16, less the exemption allowed by s. 220.14.
History.s. 1, ch. 71-984; s. 23, ch. 83-349; s. 4, ch. 85-118; s. 14, ch. 90-203; s. 92, ch. 91-112; s. 36, ch. 96-397; s. 3, ch. 98-293.

F.S. 220.12 on Google Scholar

F.S. 220.12 on Casetext

Amendments to 220.12


Arrestable Offenses / Crimes under Fla. Stat. 220.12
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 220.12.



Annotations, Discussions, Cases:

Cases Citing Statute 220.12

Total Results: 16

State of Florida Department of Revenue v. Verizon Communications Inc. & Affiliates, foreign corporations

Court: Fla. Dist. Ct. App. | Date Filed: 2024-02-28T00:00:00-08:00

Snippet: determine the “adjusted federal income.” See §§ 220.12-.13, Fla. Stat. The taxpayer and the Department

State Farm Mutual Automobile Insurance Company v. Florida Department of Revenue

Court: Fla. Dist. Ct. App. | Date Filed: 2024-01-17T00:00:00-08:00

Snippet: the corporation’s “adjusted federal income.” § 220.12, Fla. Stat. The terminology used by the Legislature

State of Florida v. Kenneth Purdy

Court: Fla. | Date Filed: 2018-08-30T00:00:00-07:00

Citation: 252 So. 3d 723

Snippet: fact that chapter 2014-220 was - 12 - enacted prior to Henry

Bernard Egan & Co. v. State, Dept. of Rev.

Court: Fla. Dist. Ct. App. | Date Filed: 2000-08-16T00:53:00-07:00

Citation: 769 So. 2d 1060

Snippet: and making certain statutory adjustments. See §§ 220.12,.13, Fla. Stat. (1997). Pursuant to the Internal

Barnett Banks, Inc. v. Department of Revenue

Court: Fla. Dist. Ct. App. | Date Filed: 1999-08-10T00:53:00-07:00

Citation: 738 So. 2d 502

Snippet: income tax purposes for that year. See §§ 220.11, 220.12, & 220.13, Fla. Stat. (1997). If the amount

Dept. of Revenue v. First Union Nat. Bk.

Court: Fla. | Date Filed: 1987-09-24T00:53:00-07:00

Citation: 513 So. 2d 114

Snippet: prescribed for the proration of net income under s. 220.12(2). (2) The tax imposed by this section shall be

Brumley v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1987-07-21T00:00:00-07:00

Citation: 512 So. 2d 220, 12 Fla. L. Weekly 2223, 1987 Fla. App. LEXIS 9525

Snippet: Booth, Ervin, Smith 21 July 1987 512 So. 2d 220, 12 Fla. L. Weekly 2223, 1987 Fla. App. LEXIS 9525

First Un. Nat. Bk. v. Fla. Dept. of Rev.

Court: Fla. Dist. Ct. App. | Date Filed: 1987-02-04T23:53:00-08:00

Citation: 502 So. 2d 964

Snippet: prescribed *965 for the proration of net income under s. 220.12(2). (2) The tax imposed by this section shall be

Department of Revenue v. Parker Banana Co.

Court: Fla. Dist. Ct. App. | Date Filed: 1980-12-24T00:00:00-08:00

Citation: 391 So. 2d 762

Snippet: Corporate Income Tax Law are sections 220.11(1), 220.12(1), 220.15 and 214.71(3), Florida Statutes. The

Department of Revenue v. Brunner Enterprises, Inc.

Court: Fla. | Date Filed: 1980-11-20T00:00:00-08:00

Citation: 390 So. 2d 713, 1980 Fla. LEXIS 4434

Snippet: tax base, i. e., the federal taxable income. §§ 220.12, 220.13, Fla.Stat. (1973). The second portion of…the gain in the tax base as described in sections 220.12-13, Florida Statutes (1973). The decision of the

Buchwald Enterprises, Inc. v. Florida Department of Revenue

Court: Fla. Dist. Ct. App. | Date Filed: 1979-10-02T00:00:00-07:00

Citation: 375 So. 2d 861, 1979 Fla. App. LEXIS 15862

Snippet: be prospective in effect only . . . ” In Section 220.12(1) “net income” is defined as: “For the purposes

Roger Dean Enterprises, Inc. v. Department of Rev.

Court: Fla. Dist. Ct. App. | Date Filed: 1978-12-26T23:53:00-08:00

Citation: 371 So. 2d 101

Snippet: that the sale date was April 1971. [3] Section 220.12(1), Florida Statutes (1973). [4] Sections 220.15

Stan Musial & Biggie's, Inc. v. State, Department of Revenue

Court: Fla. Dist. Ct. App. | Date Filed: 1978-09-25T00:00:00-07:00

Citation: 363 So. 2d 375, 1978 Fla. App. LEXIS 16789

Snippet: annual exemption allowed by Section 220.14. Section 220.12(1). Section 220.15 provides that adjusted federal

CLEARWATER FEDERAL SAV. & LOAN ASS'N v. Dept. of Rev.

Court: Fla. Dist. Ct. App. | Date Filed: 1977-10-21T00:53:00-07:00

Citation: 350 So. 2d 1134

Snippet: adjusted federal income." Fla. Stat. Section 220.12(1). Therefore, they posit that where the income

Heftler Construction Co. & Sub. v. Depart. of Rev.

Court: Fla. Dist. Ct. App. | Date Filed: 1976-06-22T00:53:00-07:00

Citation: 334 So. 2d 129

Snippet: the annual exemption allowed by § 220.14. F.S. § 220.12(1). Thus, `adjusted federal income' is the

Robinson v. State

Court: Fla. | Date Filed: 1905-06-15T00:00:00-08:00

Citation: 50 Fla. 115

Snippet: ; Ferrell v. State, 45 Fla. 26, 34 South. Rep. 220; 12 Cyc. 559. The only other assignment of error is