Of the $3.2 billion in taxes collected by Montana in 2020, $332.9 million came from property taxes, a 6.6 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
Montana Tax Collections 2020 vs. 2019
| Type of Tax | 2020 amount | 2019 amount |
|---|---|---|
| Corporations net income taxes | $186,297,000 | $185,097,000 |
| Tobacco products sales tax | $75,486,000 | $77,234,000 |
| Motor vehicle operators license | $7,547,000 | $7,018,000 |
| Amusements license | $4,654,000 | $4,607,000 |
| Alcoholic beverages sales tax | $40,465,000 | $37,820,000 |
| Alcoholic beverages license | $5,690,000 | $3,028,000 |
| Hunting and fishing license | $69,573,000 | $67,757,000 |
| Property taxes | $332,869,000 | $312,300,000 |
| Public utilities sales tax | $43,351,000 | $43,018,000 |
| Occupation and business license, NEC | $175,531,000 | $116,554,000 |
| Sales and gross receipts taxes | $678,835,000 | $663,096,000 |
| Taxes, NEC | $4,090,000 | $3,921,000 |
| Other taxes | $177,914,000 | $206,384,000 |
| Corporations in general license | $5,283,000 | $5,435,000 |
| Amusements sales tax | $57,455,000 | $63,172,000 |
| Selective sales and gross receipts taxes | $678,835,000 | $663,096,000 |
| Income taxes | $1,525,034,000 | $1,597,960,000 |
| Motor fuels sales tax | $260,531,000 | $261,331,000 |
| License taxes | $453,759,000 | $388,817,000 |
| Pari-mutuels sales tax | $117,000 | $209,000 |
| Insurance premiums sales tax | $120,822,000 | $108,445,000 |
| Individual income taxes | $1,338,737,000 | $1,412,863,000 |
| Other selective sales and gross receipts taxes | $80,608,000 | $71,867,000 |
| Severance taxes | $173,824,000 | $202,463,000 |
| Motor vehicle license | $171,159,000 | $172,071,000 |
| Other license taxes | $14,310,000 | $12,341,000 |
| Public utilities license | $12,000 | $6,000 |
Source: U.S. Census Bureau
