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Most tax revenue came from sales and gross receipts taxes ($6.2 billion) and income taxes ($4.5 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.
2022 Arkansas Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $1,318,147,000 |
Sales and gross receipts taxes | $6,216,131,000 |
License taxes | $447,288,000 |
Income taxes | $4,544,583,000 |
Miscellaneous taxes | $241,980,000 |
General sales and gross receipts taxes | $4,587,956,000 |
Selective sales and gross receipts taxes | $1,628,175,000 |
Alcoholic beverages sales tax | $75,051,000 |
Amusements sales tax | $85,468,000 |
Insurance premiums sales tax | $345,234,000 |
Motor fuels sales tax | $606,201,000 |
Pari-mutuels sales tax | $1,858,000 |
Public utilities sales tax | $0 |
Tobacco products sales tax | $223,936,000 |
Other selective sales and gross receipts taxes | $290,427,000 |
Alcoholic beverages license | $7,146,000 |
Amusements license | $1,058,000 |
Corporations in general license | $42,395,000 |
Hunting and fishing license | $30,397,000 |
Motor vehicle license | $189,242,000 |
Motor vehicle operators license | $19,158,000 |
Public utilities license | $8,940,000 |
Occupation and business license, NEC | $147,819,000 |
Other license taxes | $1,133,000 |
Individual income taxes | $3,717,880,000 |
Corporations net income taxes | $826,703,000 |
Death and gift taxes | $0 |
Documentarty and stock transfer taxes | $87,752,000 |
Severance taxes | $84,054,000 |
Taxes, NEC | $70,174,000 |