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SW Arkansas Times

Tuesday, December 24, 2024

Arkansas reports $25 million in miscellaneous tax revenues in Q2

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Arkansas collected $25 million in miscellaneous tax revenue during the 2nd quarter, 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.

2nd Quarter Arkansas Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$414
Sales and Gross Receipts Taxes$954
Income Taxes$1,081
License Taxes$108
Other Taxes$25
Source: U.S. Census Bureau