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Thursday, February 27, 2020

North Carolina's miscellaneous tax revenues up 10.5 percent since Q2 2018

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By Metric Media News Service | Dec 9, 2019

North Carolina collected $21 million in miscellaneous tax revenue during the 2nd quarter of 2019, a 10.5 percent increase over the same period the previous year when $19 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.

2nd Quarter North Carolina Tax Collections

Type of Tax
Amount (in millions of dollars)
Sales and Gross Receipts Taxes
$3,551
Income Taxes
$4,792
License Taxes
$716
Other Taxes
$21
Source: U.S. Census Bureau

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