Q1 2022 brings $251 million in miscellaneous tax revenue to Nevada

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
0Comments

Nevada collected $251 million in miscellaneous tax revenue during the first quarter of 2022, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is an increase of 23% compared to the previous quarter, when Nevada collected $204 million in such taxes.

Overall, Nevada collected $2.9 billion in combined tax revenues in the first quarter of 2022.

The U.S. government collected about $4.3 trillion in tax revenue in 2021. Individual income taxes were the largest source, followed by payroll and corporate taxes, which together accounted for nearly 88% of total revenue.

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 the state governments.

Q1 2022 Nevada Tax Collections
Type of Tax Amount (in millions of dollars)
Sales and Gross Receipts Taxes $2,077
Property Taxes $363
Miscellaneous Taxes $251
License Taxes $166

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.



Related

Jason M. Frierson U.S. Attorney - U.S. Attorney for the District of Nevada

Nevada cleaning service owner pleads guilty in $1.2 million employment tax case

A former Nevada business owner, Deborah Meadows, has pleaded guilty to willfully failing to pay over employment taxes related to her cleaning company, A to Z Employment Services LLC.

Jason M. Frierson U.S. Attorney - U.S. Attorney for the District of Nevada

Las Vegas woman admits guilt in $20 million counterfeit coupon scheme

A Las Vegas resident, Serena Reamy Hedden, pleaded guilty to producing and distributing counterfeit store coupons with inflated values.

Douglas Collins (right), Secretary of Veterans Affairs - Official facebook

VA’s Interest Rate Reduction Refinance Loans in Nevada average $438,848 for Q4

The VA’s Interest Rate Reduction Refinance Loans in Nevada for the fourth quarter of the fiscal year 2025 averaged $438,848, according to the Veterans Affairs Home Loans Index.

Trending

The Weekly Newsletter

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