Alaska’s combined tax revenues up 23.6 percent from Q2 to Q3 2021

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Alaska collected $472 million combined tax revenues and income taxes during the third quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

The majority of the state’s tax revenue was collected through property, severance taxes ($194 million) and property taxes ($82 million).

This is a 23.6 percent increase from the previous quarter when $382 million was reported.

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.

Q3 Alaska Tax Collections
Type of Tax Amount (millions)
Property Taxes $82
Sales and Gross Receipts Taxes $73
Income Taxes $68
License Taxes $55
Other Taxes $194

Source: U.S. Census Bureau



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