Alaska’s combined tax revenues down 46.4 percent in Q1 since the same quarter of the previous year

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Alaska collected $149 million in income, license, miscellaneous other, property and sales and gross receipts taxes during the first quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is a 46.4 percent decrease from the same quarter the previous year when combined tax revenues were $278 million.

The majority of the state’s tax revenue was collected through miscellaneous other taxes ($83 million) and sales and gross receipts taxes ($74 million).

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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Q1 Alaska Tax Collections

Type of Tax Amount (in millions of dollars)
Income Taxes -$43
License Taxes $34
Other Taxes $83
Property Taxes $0
Sales and Gross Receipts Taxes $74

Source: U.S. Census Bureau



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