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Silver State Times

Wednesday, November 27, 2024

Residents and visitors to Nevada paid $9.5 billion in taxes in 2020

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Nevada collected $9.5 billion in taxes in 2020, a 3 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from sales and gross receipts taxes ($7.6 billion) and miscellaneous taxes ($873.1 million).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

2020 Nevada Tax Collections
Type of TaxAmount
Property taxes$346,902,000
Sales and gross receipts taxes$7,594,926,000
License taxes$637,899,000
Income taxes$0
Miscellaneous taxes$873,113,000
General sales and gross receipts taxes$5,479,823,000
Selective sales and gross receipts taxes$2,115,103,000
Alcoholic beverages sales tax$43,410,000
Amusements sales tax$805,297,000
Insurance premiums sales tax$452,361,000
Motor fuels sales tax$338,020,000
Pari-mutuels sales tax$3,000
Public utilities sales tax$47,372,000
Tobacco products sales tax$179,895,000
Other selective sales and gross receipts taxes$248,745,000
Alcoholic beverages license$0
Amusements license$71,820,000
Corporations in general license$76,560,000
Hunting and fishing license$13,352,000
Motor vehicle license$194,095,000
Motor vehicle operators license$19,725,000
Public utilities license$0
Occupation and business license, NEC$255,310,000
Other license taxes$7,037,000
Individual income taxes$0
Corporations net income taxes$0
Death and gift taxes$0
Documentarty and stock transfer taxes$108,061,000
Severance taxes$122,449,000
Taxes, NEC$642,603,000

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