main menu page title feature menus content footer
My Florida C F O

CFO's Initiatives

Stay Connected

Follow the
Department of
Financial Services

Sign up for the CFO's
newsletter!

Press Release

News   RSS RSS   Press Office   Archive

IN CASE YOU MISSED IT….WFTV: “State Leaders Trying to Get SpaceX Boss Elon Musk to Move More of His Business Operations Here to Florida”

7/16/2020

press photo

For Immediate Release: Thursday, July 16, 2020
Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842
 
IN CASE YOU MISSED IT….
WFTV: “State Leaders Trying to Get SpaceX Boss Elon Musk to Move More of His Business Operations Here to Florida”

“State Leaders Trying to Get SpaceX Boss Elon Musk to Move More of His Business Operations Here to Florida”
WFTV
July 15, 2020
For Full Story Click
HERE
 
Florida Chief Financial Officer Jimmy Patronis says he sent a letter to Musk touting Florida's low tax rates.

---

As a Florida resident, Musk wouldn't be subject to State Income taxes. Also, Florida's 4.4% Corporate Income taxes are half of California's rates.
 
---

###
 
About CFO Jimmy Patronis 
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).