Quantcast

Peace Garden News

Wednesday, December 25, 2024

North Dakota collected 50% less in taxes on public utilities licenses in 2022

Adobestock 228780059

Adobe Stock

Adobe Stock

Of the $5.4 billion in taxes collected by North Dakota in 2022, $2,000 came from taxes on public utilities licenses, a 50 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

North Dakota collected $4,000 in taxes on public utilities licenses in 2021.

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by subcategory and how much was collected.

North Dakota Tax Collections 2022 vs. 2021
Type of Tax2022 amount2021 amount
Corporations net income taxes$229,201,000$155,458,000
Amusements sales tax$23,928,000$19,616,000
Severance taxes$2,858,236,000$1,662,082,000
Motor vehicle operators license$3,905,000$5,386,000
Other selective sales and gross receipts taxes$161,470,000$164,174,000
Selective sales and gross receipts taxes$511,613,000$506,973,000
Public utilities license$2,000$4,000
Tobacco products sales tax$24,677,000$26,108,000
Motor vehicle license$116,140,000$117,646,000
Public utilities sales tax$35,122,000$53,465,000
Motor fuels sales tax$179,821,000$173,157,000
Alcoholic beverages license$410,000$424,000
Amusements license$2,533,000$2,195,000
Individual income taxes$472,925,000$448,704,000
Occupation and business license, NEC$57,603,000$66,170,000
General sales and gross receipts taxes$1,074,703,000$919,915,000
Pari-mutuels sales tax$1,579,000$1,663,000
Hunting and fishing license$18,191,000$18,508,000
Insurance premiums sales tax$75,216,000$59,178,000
Alcoholic beverages sales tax$9,800,000$9,612,000
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