2024, Annual State Government Tax Collections: Tennessee | FRED

Annual State Government Tax Collections

	Thousands of Dollars
Name	2024	Preceding Period	Year Ago from Period
Total Taxes	24,159,796	23,970,619	23,970,619
Property Taxes
Sales and Gross Receipts Taxes	18,157,169	17,767,575	17,767,575
General Sales and Gross Receipts Taxes	14,080,043	13,847,148	13,847,148
Selective Sales and Gross Receipts Taxes	4,077,126	3,920,427	3,920,427
Alcoholic Beverages Sales Tax	327,426	319,575	319,575
Amusements Sales Tax
Insurance Premiums Sales Tax	1,458,851	1,274,120	1,274,120
Motor Fuels Sales Tax	1,273,899	1,273,145	1,273,145
Pari-mutuels Sales Tax
Public Utilities Sales Tax	10,301	7,211	7,211
Tobacco Products Sales Tax	195,868	213,888	213,888
Other Selective Sales and Gross Receipts Taxes	723,212	749,185	749,185
License Taxes	2,559,422	2,608,184	2,608,184
Alcoholic Beverages License	1,810	1,858	1,858
Amusements License	432	506	506
Corporations in General License	1,496,844	1,650,187	1,650,187
Hunting and Fishing License	51,532	51,534	51,534
Motor Vehicle License	404,537	315,568	315,568
Motor Vehicle Operators License	46,821	34,733	34,733
Public Utilities License	6,485	7,614	7,614
Occupation and Business License, not Elsewhere Classified	541,348	537,098	537,098
Other License Taxes	9,613	9,086	9,086
Income Taxes	3,050,692	3,159,327	3,159,327
Individual Income Taxes	2,123	2,926	2,926
Corporation Net Income Taxes	3,048,569	3,156,401	3,156,401
Other Taxes	392,513	435,533	435,533
Death and Gift Taxes	7	77	77
Documentary and Stock Transfer Taxes	356,411	400,920	400,920
Severance Taxes	529	910	910
Taxes, not Elsewhere Classified	35,566	33,626	33,626