Adobe Stock
Adobe Stock
Montana collected $5.3 million in taxes on general corporation licenses in 2020.
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 2021 vs. 2020
Type of Tax | 2021 amount | 2020 amount |
---|---|---|
Public utilities sales tax | $41,015,000 | $43,351,000 |
Motor vehicle operators license | $7,947,000 | $7,547,000 |
Public utilities license | $10,000 | $12,000 |
Amusements license | $4,770,000 | $4,654,000 |
Hunting and fishing license | $76,370,000 | $69,573,000 |
Other license taxes | $15,944,000 | $14,310,000 |
Taxes, NEC | $6,544,000 | $4,090,000 |
Alcoholic beverages license | $4,235,000 | $5,690,000 |
Alcoholic beverages sales tax | $46,484,000 | $40,465,000 |
Corporations in general license | $7,279,000 | $5,283,000 |
Amusements sales tax | $116,507,000 | $57,455,000 |
Occupation and business license, NEC | $176,809,000 | $175,531,000 |
Individual income taxes | $1,889,444,000 | $1,338,737,000 |
Motor fuels sales tax | $274,353,000 | $260,531,000 |
Selective sales and gross receipts taxes | $768,499,000 | $678,835,000 |
Pari-mutuels sales tax | $104,000 | $117,000 |
Corporations net income taxes | $268,444,000 | $186,297,000 |
Other selective sales and gross receipts taxes | $77,454,000 | $80,608,000 |
Severance taxes | $130,998,000 | $173,824,000 |
Insurance premiums sales tax | $138,905,000 | $120,822,000 |
Motor vehicle license | $188,314,000 | $171,159,000 |
Tobacco products sales tax | $73,677,000 | $75,486,000 |