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Georgia collected $510.9 million in insurance premiums sales tax in 2019.
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
Georgia Tax Collections 2020 vs. 2019
Type of Tax | 2020 amount | 2019 amount |
---|---|---|
Selective sales and gross receipts taxes | $3,375,043,000 | $3,259,155,000 |
Alcoholic beverages license | $4,124,000 | $4,508,000 |
Motor vehicle operators license | $117,406,000 | $116,455,000 |
Other selective sales and gross receipts taxes | $513,666,000 | $488,218,000 |
Corporations in general license | $74,243,000 | $66,937,000 |
Individual income taxes | $11,704,328,000 | $12,176,943,000 |
Occupation and business license, NEC | $79,211,000 | $79,969,000 |
Taxes, NEC | $152,391,000 | $179,631,000 |
Tobacco products sales tax | $225,531,000 | $223,363,000 |
Corporations net income taxes | $984,087,000 | $1,271,270,000 |
Motor vehicle license | $375,639,000 | $387,076,000 |
Alcoholic beverages sales tax | $207,639,000 | $198,770,000 |
Motor fuels sales tax | $1,873,220,000 | $1,837,954,000 |
General sales and gross receipts taxes | $6,163,508,000 | $6,250,310,000 |
Insurance premiums sales tax | $554,987,000 | $510,850,000 |
Other license taxes | $30,596,000 | $30,030,000 |
Hunting and fishing license | $35,899,000 | $35,899,000 |