Quantcast

Green Mountain Times

Wednesday, October 9, 2024

Vermont collects $338 million in sales and gross receipt tax revenue in Q3 2021

Adobestock 204335772

Adobe Stock

Adobe Stock

Vermont collected $338 million in sales and gross receipt taxes during the third quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Overall, Vermont collected $691 million in combined tax revenues in the latest quarter.

Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

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.

3rd Quarter Vermont Tax Collections

Type of TaxAmount (in millions)
License Taxes$30
Sales and Gross Receipts Taxes$338
Property Taxes$1
Income Taxes$293
Other Taxes$28

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