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Sunday, November 24, 2024

Georgia's miscellaneous tax revenues up 9.8% since Q1 2023

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Frank O’Connell Commissioner of Revenue at Georgia Department of Revenue | Georgia Department of Revenue

Frank O’Connell Commissioner of Revenue at Georgia Department of Revenue | Georgia Department of Revenue

Georgia collected $45 million in miscellaneous tax revenue during the first quarter of 2023, a 9.8% increase over the same period the previous year when $41 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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 the state governments.

Q1 2023 Georgia Tax Collections

Type of TaxAmount (millions)
Property Taxes$200
Sales and Gross Receipts Taxes$2,751
Income Taxes$4,744
License Taxes$178
Miscellaneous Taxes$45

Source: U.S. Census Bureau

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