Business Tax Receipts (formerly Occupational Licenses)
Going-Out-of-Business and Fire Sales
Florida Statutes, ss. 559.20 - 559.26, clearly define the obligations associated with going-out-of-business sales and fire sales. The required permit for either sale may be purchased from the Lake County Tax Collector's Tavares office location.
The permit authorizes the sale of goods for a period not to exceed 60 consecutive days, inclusive of Sundays and legal holidays. The cost of the permit is $50 as stated in s. 559.23.
The going-out-of-business sale is advertised in such a manner that the public believes the business would no longer exist at that location once the goods on hand are sold.
The fire sale is advertised in such a manner that the public believes that items being sold have been damaged or altered by fire, smoke, water or other disastrous means.