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Most tax revenue came from sales and gross receipts taxes ($4.8 billion) and income taxes ($3.3 billion).
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 that 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.
2018 Arkansas Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $1,212,794,000 |
Sales and gross receipts taxes | $4,834,983,000 |
License taxes | $409,856,000 |
Income taxes | $3,256,931,000 |
Other taxes | $128,609,000 |
General sales and gross receipts taxes | $3,498,073,000 |
Selective sales and gross receipts taxes | $1,336,910,000 |
Alcoholic beverages sales tax | $58,036,000 |
Amusements sales tax | $64,580,000 |
Insurance premiums sales tax | $223,362,000 |
Motor fuels sales tax | $492,945,000 |
Pari-mutuels sales tax | $2,335,000 |
Public utilities sales tax | $0 |
Tobacco products sales tax | $226,728,000 |
Other selective sales and gross receipts taxes | $268,924,000 |
Alcoholic beverages license | $6,128,000 |
Amusements license | $488,000 |
Corporations in general license | $29,673,000 |
Hunting and fishing license | $26,672,000 |
Motor vehicle license | $164,617,000 |
Motor vehicle operators license | $22,631,000 |
Public utilities license | $8,346,000 |
Occupation and business license, nec | $149,452,000 |
Other license taxes | $1,849,000 |
Individual income taxes | $2,866,175,000 |
Corporations net income taxes | $390,756,000 |
Death and gift taxes | $0 |
Documentary and stock transfer taxes | $44,892,000 |
Severance taxes | $54,655,000 |
Taxes, nec | $29,062,000 |