12A-1.089, F.A.C.
12A-1.089. Gift Certificates
Cite as Fla. Admin. Code r. 12A-1.089
The sale of a gift certificate is not taxable. When the owner of a gift certificate redeems it for tangible personal property, or a part thereof, the transaction is taxable as a sale. For example, if the owner of a gift certificate valued at $25 purchases a $15 pair of shoes, tax of 90 cents must be collected by the dealer and remitted to the Department of Revenue.