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Saturday, November 23, 2024

Montana collected 11.1% less in pari-mutuels sales tax in 2021

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Of the $3.9 billion in taxes collected by Montana in 2021, $104,000 came from pari-mutuels sales tax, an 11.1 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Montana collected $117,000 in pari-mutuels sales tax 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 Tax2021 amount2020 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
Source: U.S. Census Bureau

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