What is State of Florida Form 7.343?

Florida Department of Revenue Form 7.343 is also known as the Combined Sales and Use Tax Return. This form is issued by the Florida Department of Revenue and its primary purpose is to report and pay sales and use taxes to the Florida Department of Revenue.

- Sales tax is charged on the purchase of tangible personal property and certain services from a Florida-based business or retailer for use in the state.

- Use tax is imposed on the use, storage, or consumption of tangible personal property purchased from a retailer outside of Florida (unless the applicable sales tax was already paid to Florida).

This return must be filed and paid on a monthly or quarterly basis by businesses or individuals who are responsible for collecting and remitting sales and use taxes in Florida.

Form 7.343 must be filed with the Florida Department of Revenue on or before the due date, or extensions, in accordance with the Department of Revenue's requirements and guidelines.