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Georgia collected $1.8 billion in corporations net income taxes in 2021.
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 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Selective sales and gross receipts taxes | $3,084,705,000 | $3,309,634,000 |
Tobacco products sales tax | $238,574,000 | $242,897,000 |
Other license taxes | $32,200,000 | $32,399,000 |
Motor vehicle license | $413,341,000 | $406,893,000 |
Motor fuels sales tax | $1,602,054,000 | $1,781,682,000 |
Insurance premiums sales tax | $482,092,000 | $538,106,000 |
Occupation and business license, NEC | $85,652,000 | $85,652,000 |
Individual income taxes | $18,286,845,000 | $14,220,906,000 |
Hunting and fishing license | $28,735,000 | $35,899,000 |
General sales and gross receipts taxes | $8,320,361,000 | $6,948,296,000 |
Alcoholic beverages license | $4,717,000 | $4,363,000 |
Alcoholic beverages sales tax | $228,617,000 | $227,872,000 |
Other selective sales and gross receipts taxes | $533,368,000 | $519,077,000 |
Corporations in general license | $55,673,000 | $66,937,000 |
Taxes, NEC | $189,166,000 | $138,964,000 |
Corporations net income taxes | $2,509,683,000 | $1,750,735,000 |
Motor vehicle operators license | $123,174,000 | $117,993,000 |