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Sunday, November 24, 2024

South Dakota collected 5.8% less in pari-mutuels sales tax in 2022

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Of the $2.5 billion in taxes collected by South Dakota in 2022, $113,000 came from pari-mutuels sales tax, a 5.8 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

South Dakota collected $120,000 in pari-mutuels sales tax in 2021.

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 2022 vs. 2021
Type of Tax2022 amount2021 amount
Public utilities sales tax$4,024,000$3,236,000
Motor fuels sales tax$201,021,000$189,881,000
Alcoholic beverages license$1,537,000$1,409,000
Amusements license$5,473,000$5,210,000
General sales and gross receipts taxes$1,524,337,000$1,273,575,000
Motor vehicle license$93,882,000$89,194,000
Pari-mutuels sales tax$113,000$120,000
Occupation and business license, NEC$151,748,000$136,919,000
Hunting and fishing license$37,940,000$32,117,000
Insurance premiums sales tax$97,571,000$90,063,000
Corporations in general license$8,059,000$7,398,000
Severance taxes$8,035,000$9,811,000
Documentarty and stock transfer taxes$195,000$199,000
Alcoholic beverages sales tax$21,322,000$20,021,000
Corporations net income taxes$61,818,000$53,960,000
Amusements sales tax$12,323,000$11,045,000
Other selective sales and gross receipts taxes$151,959,000$143,713,000
Motor vehicle operators license$6,145,000$5,942,000
Selective sales and gross receipts taxes$542,718,000$510,407,000
Taxes, NEC$820,000$904,000
Other license taxes$32,687,000$22,498,000
Tobacco products sales tax$54,385,000$52,328,000
Source: U.S. Census Bureau

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