Q1 2024 Tax Revenue: Nevada collects $2.8 billion in sales and gross receipt tax

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 $2.8 billion in sales and gross receipt taxes during the first quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Nevada’s combined tax revenues reached $3.8 billion during the year, as of the first quarter of 2024.

Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

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.

Q1 2024 Nevada Tax Collections
Type of Tax Amount (millions)
License Taxes $171
Sales and Gross Receipts Taxes $2,789
Property Taxes $558
Other Taxes $223

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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