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Friday, June 21, 2024

Nebraska collects $45 million in license tax revenue in Q4

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Glen A. White Interim Tax Commissioner at Nebraska Department of Revenue | Nebraska Department of Revenue

Glen A. White Interim Tax Commissioner at Nebraska Department of Revenue | Nebraska Department of Revenue

Nebraska collected $45 million in license taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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, Nebraska collected $2.5 billion in combined tax revenues in Q4.

Q4 Nebraska Tax Collections

Type of TaxAmount (millions)
Income Taxes$1,488
License Taxes$45
Other Taxes$7
Property Taxes$0
Sales and Gross Receipts Taxes$926

Source: U.S. Census Bureau

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