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Wednesday, November 13, 2024

North Dakota’s sales and gross receipts tax revenue up 30% in Q4 compared to previous quarter

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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

North Dakota collected $585 million in sales and gross receipts taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

This is a 30% increase over the previous quarter when sales and gross receipts tax revenue was $450 million.

Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities, and tobacco products.

Individual income taxes are based on net personal income and taxes imposed on 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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, North Dakota collected $1.6 billion in combined tax revenues in Q4.

Q4 North Dakota Tax Collections

Type of TaxAmount (millions)
Income Taxes$95
License Taxes$63
Other Taxes$889
Property Taxes$0
Sales and Gross Receipts Taxes$585

Source: U.S. Census Bureau

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