Maryland collected $238 million in license taxes during the first quarter of 2025, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.
This represents an 8.1% decrease from the same quarter the previous year, when license tax revenue was $259 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 that it sets the tax classifications among the survey categories, and they may differ from the classifications set by state governments.
Overall, Maryland collected $7.9 billion in combined tax revenues in Q1.
Q1 Maryland Tax Collections
| Type of Tax | Amount (millions) |
|---|---|
| Income Taxes | $4,119 |
| Sales and Gross Receipts Taxes | $3,083 |
| Property Taxes | $260 |
| License Taxes | $238 |
| Other Taxes | $204 |
