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Wednesday, December 18, 2024

North Dakota's combined tax revenues up 1% in Q2 compared to same quarter of the previous year

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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 $1.7 billion in income, license, miscellaneous other, property and sales and gross receipts taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

This represents a 1% increase over the same quarter of the previous year, when combined tax revenues were $1.6 billion.

The majority of the state's tax revenue was collected through miscellaneous other taxes ($800 million) and sales and gross receipts taxes ($544 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 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.

Q2 North Dakota Tax Collections

Type of TaxAmount (millions)
Income Taxes$257
License Taxes$58
Other Taxes$800
Property Taxes$0
Sales and Gross Receipts Taxes$544

Source: U.S. Census Bureau

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