Tax cap rebounds Florida boat industry


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  • | 5:35 p.m. December 13, 2011
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Wealthy Gulf Coast individuals have plenty to gripe about with all the tax uncertainty emanating from Washington. But the success of the St. Petersburg Power & Sailboat Show indicates they're not worried.

Skip Zimbalist, CEO of Fort Lauderdale-based Show Management, was surprised by the turnout of his firm's recent boat show, which had 20% more guests than the 2010 show.

The key: a 2010 Florida tax law capping sales tax on boats in Florida.

 

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