Tennessee ranks second in the U.S. for the most corporations in general license paid in 2022

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In 2022, Tennessee collected $1,535,207,000 in corporations in general license, ranking it second in the United States, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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 cautions it sets the tax classifications among the survey categories, and 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.

U.S. corporations in general license by State in 2022
Rank State Amount
1 Delaware $2,210,216,000
2 Tennessee $1,535,207,000
3 Oregon $1,262,333,000
4 North Carolina $1,012,322,000
5 New Jersey $719,362,000
6 Louisiana $389,642,000
7 Illinois $342,853,000
8 Florida $278,526,000
9 Texas $276,856,000
10 Ohio $234,925,000
11 Mississippi $220,789,000
12 Alabama $207,653,000
13 South Carolina $163,072,000
14 Maryland $140,820,000
15 Kentucky $121,266,000
16 Nevada $92,114,000
17 California $91,871,000
18 New Hampshire $84,348,000
19 Iowa $79,982,000
20 Virginia $78,259,000
21 Oklahoma $62,716,000
22 Georgia $55,673,000
23 Washington $54,390,000
24 New Mexico $50,255,000
25 Arkansas $42,395,000
26 Connecticut $36,591,000
27 Michigan $34,998,000
28 Wisconsin $29,726,000
29 Massachusetts $28,332,000
30 Colorado $24,014,000
31 Wyoming $21,559,000
32 Arizona $20,463,000
33 Minnesota $16,259,000
34 Kansas $14,870,000
35 Nebraska $14,009,000
36 Maine $13,011,000
37 Indiana $11,747,000
38 Rhode Island $8,873,000
39 South Dakota $8,059,000
40 Montana $7,694,000
41 Idaho $6,128,000
42 Vermont $3,292,000
43 Pennsylvania $2,984,000
44 Hawaii $2,415,000
45 West Virginia $1,079,000
46 Utah $423,000
47 New York $219,000

Source: U.S. Census Bureau



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