Quantcast

Volunteer State News

Tuesday, November 5, 2024

Tennessee's miscellaneous tax revenues down 24.6% since Q3 2023

Webp dsfde94vo1a5d4rjc50049bg136n

David Gerregano Tennessee Commissioner of Revenue | Tennessee Department of Revenue

David Gerregano Tennessee Commissioner of Revenue | Tennessee Department of Revenue

Tennessee collected $107 million in miscellaneous tax revenue during the third quarter of 2023, a 24.6% decrease from the same period the previous year when $142 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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.

Q3 2023 Tennessee Tax Collections

Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$4,570
Income Taxes$665
License Taxes$425
Miscellaneous Taxes$107

Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS