Tennessee collects $4.6 billion in sales and gross receipt tax revenue in Q3 2023

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Tennessee collected $4.6 billion in sales and gross receipt taxes during the third quarter of 2023, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Tennessee’s combined tax revenues reached $5.8 billion during the year, as of third quarter of 2023.

Sales and gross receipt taxes include taxes on licenses, 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.

Q3 2023 Tennessee Tax Collections

Type of Tax Amount (millions)
License Taxes $425
Sales and Gross Receipts Taxes $4,570
Income Taxes $665
Other Taxes $107


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