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Most tax revenue came from sales and gross receipts taxes ($1.2 billion) and property taxes ($1.2 billion).
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 the bureau and how much was collected.
2020 Vermont Tax Collections
| Type of Tax | Amount |
|---|---|
| Property taxes | $1,150,268,000 |
| Sales and gross receipts taxes | $1,164,652,000 |
| License taxes | $140,193,000 |
| Income taxes | $904,264,000 |
| Miscellaneous taxes | $60,613,000 |
| General sales and gross receipts taxes | $431,582,000 |
| Selective sales and gross receipts taxes | $733,070,000 |
| Alcoholic beverages sales tax | $10,762,000 |
| Amusements sales tax | $0 |
| Insurance premiums sales tax | $60,807,000 |
| Motor fuels sales tax | $116,428,000 |
| Pari-mutuels sales tax | $0 |
| Public utilities sales tax | $9,311,000 |
| Tobacco products sales tax | $71,189,000 |
| Other selective sales and gross receipts taxes | $464,573,000 |
| Alcoholic beverages license | $411,000 |
| Amusements license | $24,000 |
| Corporations in general license | $3,729,000 |
| Hunting and fishing license | $8,245,000 |
| Motor vehicle license | $73,514,000 |
| Motor vehicle operators license | $14,778,000 |
| Public utilities license | $0 |
| Occupation and business license, NEC | $29,028,000 |
| Other license taxes | $10,464,000 |
| Individual income taxes | $762,641,000 |
| Corporations net income taxes | $141,623,000 |
| Death and gift taxes | $15,168,000 |
| Documentarty and stock transfer taxes | $39,775,000 |
| Severance taxes | $0 |
| Taxes, NEC | $5,670,000 |
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