South Dakota collects $600 million in sales and gross receipt tax revenue in Q3 2022

South Dakota collects 0 million in sales and gross receipt tax revenue in Q3 2022
Adobe Stock
0Comments

South Dakota collected $600 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, South Dakota collected $681 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 South Dakota Tax Collections
Type of Tax Amount (in millions)
License Taxes $78
Sales and Gross Receipts Taxes $600
Income Taxes $2
Other Taxes $2


Related

Upper threshold of death expectancy exceeds death count in South Dakota during week Dec. 31, 2022

Upper threshold of death expectancy exceeds death count in South Dakota during week Dec. 31, 2022

South Dakota’s death count did not exceed the upper threshold of death expectancy during the week ending Dec. 31, according to the Centers for Disease Control and Prevention.

NFIB appoints Jason Glodt as new South Dakota state director

NFIB appoints Jason Glodt as new South Dakota state director

The National Federation of Independent Business (NFIB), a prominent association for small businesses across the United States, has announced the appointment of Jason Glodt as the new state director for South Dakota.

Jason Glodt named new NFIB state director for South Dakota

Jason Glodt named new NFIB state director for South Dakota

The National Federation of Independent Business (NFIB), a prominent small-business association, has appointed Jason Glodt as the new state director for South Dakota.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Rushmore State News.