Quantcast

Maryland State Wire

Thursday, November 21, 2024

Maryland's miscellaneous tax revenues up 0.5% since Q4 2023

Webp as3hysd6knxeow7v4suh8apnftkr

Brook E. Lierman, Maryland Comptroller | Comptroller of Maryland

Brook E. Lierman, Maryland Comptroller | Comptroller of Maryland

Maryland collected $196 million in miscellaneous tax revenue during the fourth quarter of 2023, a 0.5% increase over the same period the previous year when $195 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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 TaxAmount (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

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