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Friday, November 1, 2024

Residents and visitors to Georgia paid $27.9 billion in taxes in 2021

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Georgia collected $27.9 billion in taxes in 2021, a 17.2 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from income taxes ($16 billion) and sales and gross receipts taxes ($10.3 billion).

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 the bureau and how much was collected.

2021 Georgia Tax Collections
Type of TaxAmount
Property taxes$732,325,000
Sales and gross receipts taxes$10,257,930,000
License taxes$750,136,000
Income taxes$15,971,641,000
Miscellaneous taxes$138,964,000
General sales and gross receipts taxes$6,948,296,000
Selective sales and gross receipts taxes$3,309,634,000
Alcoholic beverages sales tax$227,872,000
Amusements sales tax$0
Insurance premiums sales tax$538,106,000
Motor fuels sales tax$1,781,682,000
Pari-mutuels sales tax$0
Public utilities sales tax$0
Tobacco products sales tax$242,897,000
Other selective sales and gross receipts taxes$519,077,000
Alcoholic beverages license$4,363,000
Amusements license$0
Corporations in general license$66,937,000
Hunting and fishing license$35,899,000
Motor vehicle license$406,893,000
Motor vehicle operators license$117,993,000
Public utilities license$0
Occupation and business license, NEC$85,652,000
Other license taxes$32,399,000
Individual income taxes$14,220,906,000
Corporations net income taxes$1,750,735,000
Death and gift taxes$0
Documentarty and stock transfer taxes$0
Severance taxes$0
Taxes, NEC$138,964,000

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