South Dakota’s miscellaneous tax revenues up 50% in Q4 2021

South Dakota’s miscellaneous tax revenues up 50% in Q4 2021
Michael Houdyshell South Dakota Secretary Department of Revenue — South Dakota Department of Revenue
0Comments

South Dakota collected $3 million in miscellaneous tax revenue during the fourth quarter of 2021, a 50% increase over the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $2 million in the previous quarter.

Net sales reflect companies’ total revenue stream, minus the costs of discounts, allowances and product returns.

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.

Q4 2021 South Dakota Tax Collections
Type of Tax Amount (millions)
Sales and Gross Receipts Taxes $520
Income Taxes $10
License Taxes $69
Miscellaneous Taxes $3

Source: U.S. Census Bureau



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.