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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 subcategory and how much was collected.
Arkansas Tax Collections 2020 vs. 2019
Type of Tax | 2020 amount | 2019 amount |
---|---|---|
Pari-mutuels sales tax | $1,747,000 | $2,155,000 |
Alcoholic beverages sales tax | $60,539,000 | $60,210,000 |
Sales and gross receipts taxes | $5,137,583,000 | $4,920,468,000 |
Occupation and business license, NEC | $127,333,000 | $139,083,000 |
Hunting and fishing license | $27,194,000 | $26,156,000 |
Selective sales and gross receipts taxes | $1,445,663,000 | $1,347,012,000 |
Motor fuels sales tax | $542,943,000 | $496,131,000 |
Income taxes | $3,383,968,000 | $3,546,406,000 |
Alcoholic beverages license | $4,540,000 | $4,870,000 |
Other taxes | $134,799,000 | $138,619,000 |
Documentarty and stock transfer taxes | $51,505,000 | $46,610,000 |
Amusements license | $955,000 | $933,000 |
Corporations in general license | $27,257,000 | $30,138,000 |
Insurance premiums sales tax | $285,337,000 | $241,403,000 |
License taxes | $391,409,000 | $403,627,000 |
Taxes, NEC | $54,332,000 | $35,974,000 |
Severance taxes | $28,962,000 | $56,035,000 |
Public utilities license | $8,628,000 | $9,236,000 |
Amusements sales tax | $53,279,000 | $71,900,000 |
Individual income taxes | $2,914,939,000 | $3,012,491,000 |
Property taxes | $1,207,396,000 | $1,208,746,000 |
Other selective sales and gross receipts taxes | $273,297,000 | $256,562,000 |
Motor vehicle license | $170,569,000 | $168,295,000 |
Corporations net income taxes | $469,029,000 | $533,915,000 |
General sales and gross receipts taxes | $3,691,920,000 | $3,573,456,000 |
Other license taxes | $844,000 | $2,220,000 |
Motor vehicle operators license | $24,089,000 | $22,696,000 |
Tobacco products sales tax | $228,521,000 | $218,651,000 |