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Thursday, November 14, 2024

North Dakota's combined tax revenues down 6.6% from Q2 to Q3 2023

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Brian Kroshus Tax Commissioner | North Dakota Office of State Tax Commissioner

Brian Kroshus Tax Commissioner | North Dakota Office of State Tax Commissioner

Combined tax revenues in North Dakota decreased 6.6% in the third quarter of 2023 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, North Dakota collected $1.5 billion in taxes during the third quarter of 2023, compared to $1.6 billion in the previous quarter.

The majority of the state’s tax revenue was collected through severance taxes ($715 million) and general sales and gross receipts taxes ($589 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 the state governments.

Q3 North Dakota Tax Collections
Type of TaxAmount (millions)
Other Taxes$715
Sales and Gross Receipts Taxes$589
Income Taxes$179
License Taxes$49
Source: U.S. Census Bureau

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