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Most tax revenue came from sales and gross receipts taxes ($5.8 billion) and income taxes ($4.1 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.
2021 Arkansas Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $1,308,040,000 |
Sales and gross receipts taxes | $5,752,828,000 |
License taxes | $423,851,000 |
Income taxes | $4,085,598,000 |
Miscellaneous taxes | $156,361,000 |
General sales and gross receipts taxes | $4,187,473,000 |
Selective sales and gross receipts taxes | $1,565,355,000 |
Alcoholic beverages sales tax | $68,024,000 |
Amusements sales tax | $70,993,000 |
Insurance premiums sales tax | $310,009,000 |
Motor fuels sales tax | $588,223,000 |
Pari-mutuels sales tax | $1,670,000 |
Public utilities sales tax | $0 |
Tobacco products sales tax | $233,224,000 |
Other selective sales and gross receipts taxes | $293,212,000 |
Alcoholic beverages license | $5,858,000 |
Amusements license | $1,131,000 |
Corporations in general license | $32,373,000 |
Hunting and fishing license | $30,622,000 |
Motor vehicle license | $178,731,000 |
Motor vehicle operators license | $19,739,000 |
Public utilities license | $9,135,000 |
Occupation and business license, NEC | $145,326,000 |
Other license taxes | $936,000 |
Individual income taxes | $3,467,141,000 |
Corporations net income taxes | $618,457,000 |
Death and gift taxes | $0 |
Documentarty and stock transfer taxes | $67,983,000 |
Severance taxes | $33,004,000 |
Taxes, NEC | $55,374,000 |