Quantcast

Hoosier State Today

Tuesday, May 14, 2024

Indiana's miscellaneous tax revenues up 21.7% since Q4 2023

Webp adtttsw1e3rej6e7c5ewntn3jv2i

Bob Grennes Commissioner of Revenue at Indiana Department of Revenue | Indiana Department of Revenue

Bob Grennes Commissioner of Revenue at Indiana Department of Revenue | Indiana Department of Revenue

Indiana collected $56 million in miscellaneous tax revenue during the fourth quarter of 2023, a 21.7% increase over the same period the previous year when $46 million was reported, 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.

Q4 2023 Indiana Tax Collections

Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$3,902
Income Taxes$2,893
License Taxes$194
Miscellaneous Taxes$56

Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS