Quantcast

Pelican State News

Monday, May 13, 2024

Louisiana's miscellaneous tax revenues up 11% in Q4 2023

Webp f40611hrwe1et31aqr9wyrl3y17d

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Louisiana collected $233 million in miscellaneous tax revenue during the fourth quarter of 2023, an 11% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $210 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.

Q4 2023 Louisiana Tax Collections

Type of TaxAmount (millions)
Property Taxes$15
Sales and Gross Receipts Taxes$2,077
Income Taxes$1,311
License Taxes$210
Miscellaneous Taxes$233

Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS