Nevada’s license tax revenue down 36.3% in Q3 compared to previous quarter

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 $130 million in license 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 36.3% decrease from the previous quarter, when license tax revenue was $204 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 $1.6 billion in combined tax revenues in Q3.

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. The source data can be found here.



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