Brook E. Lierman, Maryland Comptroller | Comptroller of Maryland
Brook E. Lierman, Maryland Comptroller | Comptroller of Maryland
Miscellaneous tax revenue reached $124 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.
Q4 2023 Maryland Tax Collections
| Type of Tax | Amount (millions) |
|---|---|
| Property Taxes | $285 |
| Sales and Gross Receipts Taxes | $3,114 |
| Income Taxes | $3,854 |
| License Taxes | $203 |
| Miscellaneous Taxes | $196 |
Source: U.S. Census Bureau
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