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Friday, November 22, 2024

Arkansas reports $35 million in miscellaneous tax revenues in Q1 2020

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Arkansas collected $35 million in miscellaneous tax revenue during the 1st 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.

1st Quarter Arkansas Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$138
Sales and Gross Receipts Taxes$1,249
Income Taxes$724
License Taxes$96
Other Taxes$35
Source: U.S. Census Bureau

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