Georgia’s license tax revenue up 0.6% in Q3 compared to same quarter of previous year

Frank O’Connell Commissioner of Revenue at Georgia Department of Revenue
Frank O’Connell Commissioner of Revenue at Georgia Department of Revenue
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Georgia collected $158 million in license taxes during the third quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 0.6% increase over the same quarter the previous year, when license tax revenue was $157 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 that it sets the tax classifications among the survey categories, and they may differ from the classifications set by state governments.

Overall, Georgia collected $8.4 billion in combined tax revenues in Q3.

Q3 Georgia Tax Collections
Type of Tax Amount (millions)
Income Taxes $4,603
Sales and Gross Receipts Taxes $3,332
Property Taxes $219
License Taxes $158
Other Taxes $54

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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