Nevada recorded $88.7 million in corporations in general license taxes collections in 2023

Nevada Lt. Govenor Stavros Anthony - ltgov.nv.gov
Nevada Lt. Govenor Stavros Anthony - ltgov.nv.gov
0Comments

Of the $14.3 billion in taxes collected by Nevada in 2023, 0.6%, or $88.7 million, came from corporations in general license taxes, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

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

2023 Nevada Tax Collections
Type of Tax Amount
General sales and gross receipts taxes $8,091,153,000
Selective sales and gross receipts taxes $2,946,305,000
Amusements sales taxes $1,330,860,000
Other taxes, NEC $846,580,000
Insurance premiums sales taxes $546,898,000
Other selective sales and gross receipts taxes $384,731,000
Motor fuels sales taxes $376,578,000
Occupation and businesses license taxes $296,903,000
Motor vehicle license taxes $227,541,000
Tobacco products sales taxes $170,434,000
Documentary and stock transfer taxes $119,199,000
Corporations in general license taxes $88,697,000
Severance taxes $79,953,000
Amusements license taxes $79,831,000
Public utilities sales taxes $49,541,000
Alcoholic beverages sales taxes $47,269,000
Motor vehicle operators license taxes $26,098,000
Hunting and fishing license taxes $13,298,000
Other license taxes $6,254,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



Related

Matt Hyde, Commissioner at Churchill County - Churchill County

Churchill County addresses ballot issue in Fallon City Council Ward 1 contest

Churchill County officials have identified a ballot error affecting voters in Fallon City Council Ward 1. An affidavit has been submitted as required by state law and will be reviewed at a council meeting on June 18. Officials say they are committed to transparency as they address this issue.

Joe Lombardo, Governor for Nevada - Instagram

Better Nevada PAC contrasts Lombardo’s leadership with Ford’s travel record in new statement

Better Nevada PAC released a statement contrasting Governor Joe Lombardo’s leadership with Aaron Ford’s travel record.

Matt Hyde, Commissioner at Churchill County - Churchill County

Churchill County sheriff candidate filing opens June 15 after sheriff’s passing

Following Sheriff Richard Hickox’s passing, Churchill County announced a special candidate filing period opening June 15. Interested individuals can file online through July 24 for placement on November’s general election ballot.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Silver State Times.