Quantcast

Big Sky Times

Thursday, November 21, 2024

Montana's miscellaneous tax revenues up 3.2% in Q4 2023

Webp j4fmfmyq86kv6dnveymo7xjp6bmt

Brendan Beatty Director of Montana Department of Revenue | Montana Department of Revenue

Brendan Beatty Director of Montana Department of Revenue | Montana Department of Revenue

Montana collected $64 million in miscellaneous tax revenue during the fourth quarter of 2023, a 3.2% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $62 million in the previous quarter.

Net sales reflect companies' total revenue stream, minus the costs of discounts, allowances and product returns.

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 that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q4 2023 Montana Tax Collections

Type of TaxAmount (millions)
Property Taxes$160
Sales and Gross Receipts Taxes$237
Income Taxes$663
License Taxes$97
Miscellaneous Taxes$64

Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS