Vermont collected $365 million in sales and gross receipt taxes during the third quarter of 2022, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.
Overall, Vermont collected $794 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.
| Type of Tax | Amount (in millions) |
|---|---|
| License Taxes | $30 |
| Sales and Gross Receipts Taxes | $365 |
| Property Taxes | $1 |
| Income Taxes | $367 |
| Other Taxes | $30 |
