Our Florida funders are companies who care about their community and desire the opportunity to partner with AAA Scholarship Foundation, low-income families and families with disabled students in an effort to create a brighter future for all of our children.
Any company that pays income, insurance premium, alcoholic beverage excise, direct pay sales and use, and oil and/or gas production taxes in Florida can redirect a percentage of that liability to AAA so that we can fund scholarships for low-income children – and your company will get a dollar-for-dollar tax credit. The 2020 program cap currently remains at $874 million. Although policymakers recently removed the income eligibility cap for renewing families completely, AAA will continue to only fund scholarships for low-income children.
To reserve your AAA Tax Credits, go to the Florida Department of Revenue’s online Tax Credit web application (or here for the new Commercial Rental Sales Tax Credit application) and choose AAA Scholarship Foundation under the Contribution Section. Once approved, we will contact you to discuss the timing and nature of your remittance(s). This program has a 10-year credit carry forward provision.
Each AAA Tax Credit has individual regulations determined by the laws of that state and the accountability guidelines of the AAA Scholarship Foundation. Please click on the links below to view details on participation for each type of Florida tax that is eligible for AAA Tax Credits.
Please contact our office at 888-707-2465 for information on how to reserve your AAA Tax Credits today!
AAA Tax Credits
Florida Alcoholic Beverage Excise Tax Donor Summary
Florida Corporate Income Tax Donor Summary
Florida Direct Pay Permit Holder Sales and Use Tax Donor Summary
Florida Insurance Premium Tax Donor Summary
Florida Oil and Gas Production Tax Donor Summary
Florida Commercial Rent Sales Tax Donor Summary