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Most tax revenue came from sales and gross receipts taxes ($1.7 billion) and license taxes ($295.4 million).
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2020 South Dakota Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $0 |
Sales and gross receipts taxes | $1,678,709,000 |
License taxes | $295,378,000 |
Income taxes | $37,459,000 |
Miscellaneous taxes | $6,877,000 |
General sales and gross receipts taxes | $1,204,351,000 |
Selective sales and gross receipts taxes | $474,358,000 |
Alcoholic beverages sales tax | $18,505,000 |
Amusements sales tax | $8,431,000 |
Insurance premiums sales tax | $88,120,000 |
Motor fuels sales tax | $188,356,000 |
Pari-mutuels sales tax | $98,000 |
Public utilities sales tax | $3,179,000 |
Tobacco products sales tax | $51,081,000 |
Other selective sales and gross receipts taxes | $116,588,000 |
Alcoholic beverages license | $1,321,000 |
Amusements license | $5,892,000 |
Corporations in general license | $6,675,000 |
Hunting and fishing license | $31,020,000 |
Motor vehicle license | $84,815,000 |
Motor vehicle operators license | $4,912,000 |
Public utilities license | $0 |
Occupation and business license, NEC | $134,857,000 |
Other license taxes | $25,886,000 |
Individual income taxes | $0 |
Corporations net income taxes | $37,459,000 |
Death and gift taxes | $0 |
Documentarty and stock transfer taxes | $181,000 |
Severance taxes | $5,881,000 |
Taxes, NEC | $815,000 |