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Florida is one of only seven states that does not tax individual wage income. It does, however, assess a state corporate income tax. The state's intangible personal property tax was eliminated in 2007. More on Florida taxes can be found in the tabbed pages below. 1  Income. 2  Sales. 3  Property. 4  Estate. 5  Other.
âI Want to Establish Florida Residency and Avoid State Income Tax.â Not So Fast! By Mark Milton on June 5, 2015 Posted in Connecticut, Legislative Updates, Taxes. There has been much debate recently about state income tax rates and/or states having no income tax at all.