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Most tax revenue came from sales and gross receipts taxes ($5.1 billion) and income taxes ($3.4 billion).
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2020 Arkansas Tax Collections
| Type of Tax | Amount |
|---|---|
| Property taxes | $1,207,396,000 |
| Sales and gross receipts taxes | $5,137,583,000 |
| License taxes | $391,409,000 |
| Income taxes | $3,383,968,000 |
| Miscellaneous taxes | $134,799,000 |
| General sales and gross receipts taxes | $3,691,920,000 |
| Selective sales and gross receipts taxes | $1,445,663,000 |
| Alcoholic beverages sales tax | $60,539,000 |
| Amusements sales tax | $53,279,000 |
| Insurance premiums sales tax | $285,337,000 |
| Motor fuels sales tax | $542,943,000 |
| Pari-mutuels sales tax | $1,747,000 |
| Public utilities sales tax | $0 |
| Tobacco products sales tax | $228,521,000 |
| Other selective sales and gross receipts taxes | $273,297,000 |
| Alcoholic beverages license | $4,540,000 |
| Amusements license | $955,000 |
| Corporations in general license | $27,257,000 |
| Hunting and fishing license | $27,194,000 |
| Motor vehicle license | $170,569,000 |
| Motor vehicle operators license | $24,089,000 |
| Public utilities license | $8,628,000 |
| Occupation and business license, NEC | $127,333,000 |
| Other license taxes | $844,000 |
| Individual income taxes | $2,914,939,000 |
| Corporations net income taxes | $469,029,000 |
| Death and gift taxes | $0 |
| Documentarty and stock transfer taxes | $51,505,000 |
| Severance taxes | $28,962,000 |
| Taxes, NEC | $54,332,000 |
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