Alaska ranks fifth in the U.S. for the most severance taxes paid in 2020

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In 2020, Alaska collected $609.3 million in severance taxes, ranking it fifth in the United States, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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 cautions it sets the tax classifications among the survey categories, and 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.

U.S. severance taxes by State in 2020
Rank State Amount
1 Texas $4,273,807,000
2 North Dakota $2,086,801,000
3 New Mexico $1,415,606,000
4 Oklahoma $829,238,000
5 Alaska $609,307,000
6 Wyoming $505,573,000
7 Louisiana $447,026,000
8 West Virginia $267,049,000
9 Montana $173,824,000
10 Colorado $147,878,000
11 Nevada $122,449,000
12 California $110,000,000
13 Kentucky $109,176,000
14 Ohio $66,642,000
15 Minnesota $56,358,000
16 Utah $53,188,000
17 Washington $38,408,000
18 Mississippi $36,507,000
19 Alabama $33,403,000
20 Kansas $32,412,000
21 Arkansas $28,962,000
22 Florida $28,678,000
23 Oregon $15,521,000
24 Michigan $14,983,000
25 Arizona $12,704,000
26 Wisconsin $11,990,000
27 South Dakota $5,881,000
28 Idaho $5,781,000
29 Nebraska $2,396,000
30 Virginia $2,042,000
31 North Carolina $1,724,000
32 Indiana $852,000
33 Tennessee $828,000
34 Missouri $1,000

Source: U.S. Census Bureau



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