Arizona collects $2.3 billion in sales and gross receipt tax revenue in Q1 2019

Government
Shutterstock 113962678

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Arizona collected $2.3 billion in sales and gross receipt taxes during the 1st quarter of 2019, according to a U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Sales and gross receipt taxes include taxes on such things as license, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Overall, Arizona collected $3.5 billion in combined tax revenues in the latest quarter.

1st Quarter Arizona Tax Collections

Type of TaxAmount (in millions)
License Taxes$135
Sales and Gross Receipts Taxes$2,335
Property Taxes$239
Income Taxes$825
Other Taxes$6
Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS