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Wednesday, November 27, 2024

Louisiana collects $428 million in license tax revenue in Q2

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Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Louisiana collected $428 million in license taxes during the second quarter of 2024, 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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Louisiana collected $4.9 billion in combined tax revenues in Q2.

Q2 Louisiana Tax Collections

Type of TaxAmount (millions)
Income Taxes$2,044
License Taxes$428
Other Taxes$182
Property Taxes$8
Sales and Gross Receipts Taxes$2,209

Source: U.S. Census Bureau

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