Alaska collected $1.3 billion in taxes in 2020, a 26 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).
Most tax revenue came from miscellaneous taxes ($609.3 million) and sales and gross receipts taxes ($268.4 million).
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 sets the tax classifications among the survey categories and cautions 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.
2020 Alaska Tax Collections
| Type of Tax | Amount |
|---|---|
| Property taxes | $125,696,000 |
| Sales and gross receipts taxes | $268,355,000 |
| License taxes | $152,187,000 |
| Income taxes | $162,611,000 |
| Miscellaneous taxes | $609,307,000 |
| General sales and gross receipts taxes | $0 |
| Selective sales and gross receipts taxes | $268,355,000 |
| Alcoholic beverages sales tax | $40,692,000 |
| Amusements sales tax | $15,427,000 |
| Insurance premiums sales tax | $65,597,000 |
| Motor fuels sales tax | $48,554,000 |
| Pari-mutuels sales tax | $0 |
| Public utilities sales tax | $4,413,000 |
| Tobacco products sales tax | $58,356,000 |
| Other selective sales and gross receipts taxes | $35,316,000 |
| Alcoholic beverages license | $1,429,000 |
| Amusements license | $0 |
| Corporations in general license | $0 |
| Hunting and fishing license | $36,543,000 |
| Motor vehicle license | $33,600,000 |
| Motor vehicle operators license | $0 |
| Public utilities license | $8,978,000 |
| Occupation and business license, NEC | $71,637,000 |
| Other license taxes | $0 |
| Individual income taxes | $0 |
| Corporations net income taxes | $162,611,000 |
| Death and gift taxes | $0 |
| Documentarty and stock transfer taxes | $0 |
| Severance taxes | $609,307,000 |
| Taxes, NEC | $0 |
