Georgia’s sales and gross receipts tax revenue down 3.2% in Q4 compared to previous quarter

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 $3.2 billion in sales and gross receipts taxes during the fourth quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 3.2% decrease from the previous quarter, when sales and gross receipts tax revenue was $3.3 billion.

Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities, and tobacco products.

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 Q4.

Q4 2024 Georgia Tax Collections
Type of Tax Amount (millions)
Income Taxes $4,712
License Taxes $159
Other Taxes $55
Property Taxes $205
Sales and Gross Receipts Taxes $3,225

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



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