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Thursday, November 7, 2024

Louisiana's miscellaneous tax revenues up 92.6% since Q4 2023

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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, a 92.6% increase over the same period the previous year when $121 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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

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