Florida Circuit Court Rejects Department of Revenue’s Attempt to Avoid its Own Cost of Performance Rule

In a recent decision, a Florida circuit court granted summary judgment in favor of a financial technology company, holding that its income from providing online bill payment services to Florida clients was not sourced to Florida for corporate income tax purposes. Checkfree Services Corporation v. State of Florida Department of Revenue, Case No. 2024 CA 1026 (Fl. Cir. Ct. Mar. 6, 2026).... By: Blank Rome LLP