Indiana’s license tax revenue up 22.6 percent in Q2 since the previous quarter

Indiana’s license tax revenue up 22.6 percent in Q2 since the previous quarter

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Indiana collected $244 million in license taxes during the second quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

This is a 22.6 percent increase over the previous quarter when license tax revenue was $199 million.

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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Indiana collected $8.1 billion in combined tax revenues during the second quarter of 2021.

Q2 Indiana Tax Collections

Type of TaxAmount (in millions of dollars)
License Taxes$244
Income Taxes$4,038
Other Taxes$94
Property Taxes$4
Sales and Gross Receipts Taxes$3,739

Source: U.S. Census Bureau

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