Vermont collected $37 million in license taxes during the fourth quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.
This represents an 8.8% increase over the previous quarter, when license tax revenue was $34 million.
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 state governments.
Overall, Vermont collected $968 million in combined tax revenues in Q4.
| Type of Tax | Amount (millions) |
|---|---|
| Sales and Gross Receipts Taxes | $413 |
| Income Taxes | $334 |
| Property Taxes | $133 |
| Other Taxes | $50 |
| License Taxes | $37 |
Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.
