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Saturday, March 29, 2025

Nevada's miscellaneous tax revenues up 181.3% in Q2 2022

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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

Nevada collected $706 million in miscellaneous tax revenue during the second quarter of 2022, a 181.3% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $251 million in the previous quarter.

Net sales reflect companies' total revenue stream, minus the costs of discounts, allowances and product returns.

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.

Q2 2022 Nevada Tax Collections

Type of TaxAmount (millions)
Property Taxes$371
Sales and Gross Receipts Taxes$3,816
License Taxes$215
Miscellaneous Taxes$706

Source: U.S. Census Bureau

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