Quantcast

Gem State Wire

Tuesday, December 24, 2024

Idaho collects $124 million in license tax revenue in Q1

Webp k91fgcesrj6v9r3hyiugu6qd2cff

Jeff McCray, Chairman of Tax Commission | Illinois Department of Revenue

Jeff McCray, Chairman of Tax Commission | Illinois Department of Revenue

Idaho collected $124 million in license taxes during the first quarter of 2024, 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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Idaho collected $1.9 billion in combined tax revenues in Q1.

Q1 Idaho Tax Collections

Type of TaxAmount (millions)
Income Taxes$938
License Taxes$124
Other Taxes$1
Sales and Gross Receipts Taxes$884

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