Michael Houdyshell South Dakota Secretary Department of Revenue | South Dakota Department of Revenue
Michael Houdyshell South Dakota Secretary Department of Revenue | South Dakota Department of Revenue
These tax revenues stem from various sources, including property tax, sales and gross receipts tax, licenses, income tax, and miscellaneous tax.
The majority of the state’s tax revenue was collected through general sales and gross receipts taxes ($498 million) and corporations in general license ($102 million).
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.
| Type of Tax | Amount (millions) |
|---|---|
| Sales and Gross Receipts Taxes | $498 |
| License Taxes | $102 |
| Income Taxes | $35 |
| Other Taxes | $1 |
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