Nevada’s license tax revenue down 1.3% in Q1 compared to previous quarter

Anthony Wren Tax Commissioner at State of Nevada Department of Taxation - State of Nevada Department of Taxation

Jul 8, 2025

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Nevada collected $157 million in license taxes during the first quarter of 2025, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 1.3% decrease from the previous quarter, when license tax revenue was $159 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.

Overall, Nevada collected $3.8 billion in combined tax revenues in Q1.

Q1 Nevada Tax Collections

Type of Tax	Amount (millions)
Sales and Gross Receipts Taxes	$2,870
Property Taxes	$559
Other Taxes	$234
License Taxes	$157

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.

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