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Arkansas collected $1.7 million in pari-mutuels sales tax in 2021.
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 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Individual income taxes | $3,717,880,000 | $3,467,141,000 |
Amusements license | $1,058,000 | $1,131,000 |
Public utilities license | $8,940,000 | $9,135,000 |
Documentarty and stock transfer taxes | $87,752,000 | $67,983,000 |
Alcoholic beverages license | $7,146,000 | $5,858,000 |
Alcoholic beverages sales tax | $75,051,000 | $68,024,000 |
General sales and gross receipts taxes | $4,587,956,000 | $4,187,473,000 |
Corporations net income taxes | $826,703,000 | $618,457,000 |
Other selective sales and gross receipts taxes | $290,427,000 | $293,212,000 |
Corporations in general license | $42,395,000 | $32,373,000 |
Motor vehicle operators license | $19,158,000 | $19,739,000 |
Taxes, NEC | $70,174,000 | $55,374,000 |
Selective sales and gross receipts taxes | $1,628,175,000 | $1,565,355,000 |
Pari-mutuels sales tax | $1,858,000 | $1,670,000 |
Other license taxes | $1,133,000 | $936,000 |
Tobacco products sales tax | $223,936,000 | $233,224,000 |
Severance taxes | $84,054,000 | $33,004,000 |
Motor vehicle license | $189,242,000 | $178,731,000 |
Motor fuels sales tax | $606,201,000 | $588,223,000 |
Hunting and fishing license | $30,397,000 | $30,622,000 |
Amusements sales tax | $85,468,000 | $70,993,000 |
Insurance premiums sales tax | $345,234,000 | $310,009,000 |
Occupation and business license, NEC | $147,819,000 | $145,326,000 |