Nevada’s combined tax revenues down 0.7% in Q3 compared to same quarter of the previous year

Anthony Wren Tax Commissioner at State of Nevada Department of Taxation - State of Nevada Department of Taxation
Anthony Wren Tax Commissioner at State of Nevada Department of Taxation - State of Nevada Department of Taxation
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Nevada collected $1.6 billion in license, miscellaneous other, property and sales and gross receipts taxes during the third quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 0.7% decrease from 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 sales and gross receipts taxes ($1.1 billion) and property taxes ($387 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 state governments.

Q3 Nevada Tax Collections
Type of Tax Amount (millions)
Sales and Gross Receipts Taxes $1,067
Property Taxes $387
License Taxes $130
Other Taxes $4

Information in this article was obtained from the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes. The source data can be found here.



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