Indiana collects $3 million in property tax revenue in Q1 2020

Indiana collects  million in property tax revenue in Q1 2020
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Indiana collected $3 million in property taxes during the first quarter of 2020, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Overall, Indiana collected $5.2 billion in combined tax revenues in the first quarter.

First Quarter Indiana Tax Collections
Type of Tax Amount (in millions of dollars)
Property Taxes $3
Sales and Gross Receipts Taxes $2,938
Income Taxes $2,056
License Taxes $223
Other Taxes $26

Source: U.S. Census Bureau



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