Delinquency Date & Penalty

Transfer of Local Business Tax Receipt

Going Out of Business OR Fire Sale Permits

Delinquency Date & Penalty

A Local Business Tax that has not been renewed by September 30th shall be considered delinquent and subject to a delinquency penalty of 10% of the Local Business Tax for the month of October, plus an additional 5% penalty for each month of delinquency thereafter until paid; provided that the total delinquency penalty shall not exceed 25% of the original amount due for the Local Business Tax.

Transfer of Local Business Tax Receipt

A Local Business Tax receipt may be transferred to a new owner with the approval of the Indian River County Tax Collector's Office and upon presentation of a new application and a $4.00 transfer fee, provided there is a bona fide sale of the business.

The Local Business Tax receipt may be transferred from one location to another within the unincorporated areas of Indian River County with the approval of the Indian River County Tax Collector's Office and upon presentation of a new application and a $4.00 transfer fee.

Applications can be obtained from the Indian River County Tax Collector's Office or see Local Business Tax Application form .

Going Out of Business OR Fire Sale Permits

Any individual or business that wishes to conduct or advertise a "Fire Sale", "Going Out of Business Sale" or any liquidation sale (any sale the public would believe that upon disposal of all stock of goods on hand the business will cease and be discontinued) is required by the State of Florida (Florida Statute 559.20) to apply for and purchase a Going Out Of Business Permit.  The following must be included with the application:

		Copy of the proposed advertisement, with the required “statement” (see application) appearing on the copy.
		Current Local Business Tax receipt
		Current inventory listing of the goods to be sold
		All tangible personal property taxes must be paid, including the current year, if applicable

Prior to the issuance of the permit, all tangible personal property, and real estate taxes, if applicable, must be paid. The permit is valid for a period of not more than 60 consecutive days, including weekends, and any legal holiday(s), following the issuance thereof. The cost is $50.00 and payment must be in the form of cash, money order or other certified funds. Permit applications are available at the Indian River County Tax Collector's Office or see Going Out Of Business Application form. Please note, permits are only issued at the Tax Collector's MAIN Office - 1800 27th Street - Building B, Vero Beach, Florida.