Tennessee collected $97 million in miscellaneous tax revenue during the second quarter of 2023, a 34% decrease from the same period the previous year when $147 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.
Q2 2023 Tennessee Tax Collections
| Type of Tax | Amount (millions) |
|---|---|
| Sales and Gross Receipts Taxes | $4,567 |
| Income Taxes | $1,518 |
| License Taxes | $1,171 |
| Miscellaneous Taxes | $97 |
Source: U.S. Census Bureau
