Indiana’s sales and gross receipts tax revenue down 46 percent since previous quarter

Indiana collected $2.8 billion in sales and gross receipts taxes during the 1st quarter of 2019, a 46 percent decrease from Q4 2018, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Q4 sales and gross receipts tax revenue was $5.1 billion.

Sales and gross receipt taxes include taxes on such things as license, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

Individual income taxes are based on net personal income and taxes imposed on such income as dividends, interest and income from intangibles.

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.

Overall, Indiana collected $4.2 billion in combined tax revenues in Q1.

1st Quarter Indiana Tax Collections
Type of Tax
Amount (in millions of dollars)
Property Taxes
Sales and Gross Receipts Taxes
Income Taxes
License Taxes
Other Taxes
Source: U.S. Census Bureau

Want to get notified whenever we write about State of Indiana ?

Sign-up Next time we write about State of Indiana, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

State of Indiana

More News

Metro Business Network