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South Dakota collected $474.4 million in selective sales and gross receipts taxes in 2020.
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 subcategory and how much was collected.
South Dakota Tax Collections 2021 vs. 2020
Type of Tax | 2021 amount | 2020 amount |
---|---|---|
Corporations net income taxes | $53,960,000 | $37,459,000 |
Other selective sales and gross receipts taxes | $143,713,000 | $116,588,000 |
Insurance premiums sales tax | $90,063,000 | $88,120,000 |
General sales and gross receipts taxes | $1,273,575,000 | $1,204,351,000 |
Tobacco products sales tax | $52,328,000 | $51,081,000 |
Public utilities sales tax | $3,236,000 | $3,179,000 |
Other license taxes | $22,498,000 | $25,886,000 |
Amusements license | $5,210,000 | $5,892,000 |
Alcoholic beverages license | $1,409,000 | $1,321,000 |
Motor vehicle operators license | $5,942,000 | $4,912,000 |
Hunting and fishing license | $32,117,000 | $31,020,000 |
Pari-mutuels sales tax | $120,000 | $98,000 |
Severance taxes | $9,811,000 | $5,881,000 |
Alcoholic beverages sales tax | $20,021,000 | $18,505,000 |
Corporations in general license | $7,398,000 | $6,675,000 |
Documentarty and stock transfer taxes | $199,000 | $181,000 |
Amusements sales tax | $11,045,000 | $8,431,000 |
Taxes, NEC | $904,000 | $815,000 |
Occupation and business license, NEC | $136,919,000 | $134,857,000 |
Motor vehicle license | $89,194,000 | $84,815,000 |
Motor fuels sales tax | $189,881,000 | $188,356,000 |
Selective sales and gross receipts taxes | $510,407,000 | $474,358,000 |