Quantcast

Last Frontier News

Thursday, November 21, 2024

Alaska's miscellaneous tax revenues up 49.5% in Q3 2022

Webp 2lcciwg3szq2kwg9aba56mvk1vgj

Adam Crum, Commissioner of Revenue | Alaska Department of Revenue

Adam Crum, Commissioner of Revenue | Alaska Department of Revenue

Alaska collected $964 million in miscellaneous tax revenue during the third quarter of 2022, a 49.5% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $645 million in the previous quarter.

Net sales reflect companies' total revenue stream, minus the costs of discounts, allowances and product returns.

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 2022 Alaska Tax Collections

Type of TaxAmount (millions)
Property Taxes$85
Sales and Gross Receipts Taxes$96
Income Taxes$133
License Taxes$28
Miscellaneous Taxes$964

Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS