Arizona's miscellaneous tax revenues up 181.8 percent in Q3 2020

Government
Adobestock 224328871
Adobe Stock

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Arizona collected $31 million in miscellaneous tax revenue during the third quarter of 2020, a 181.8 percent increase over the previous quarter when $11 million was reported, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Net sales reflect companies’ total revenue stream, minus the costs of discounts, allowances and product returns.

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 Arizona Tax Collections
Type of TaxAmount (millions)
Property Taxes$543
Sales and Gross Receipts Taxes$2,609
Income Taxes$2,137
License Taxes$130
Other Taxes$31
Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS