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Wednesday, November 27, 2024

Massachusetts reports $219 million in miscellaneous tax revenues in Q1 2020

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Massachusetts collected $219 million in miscellaneous tax revenue during the 1st quarter of 2020, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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.

1st Quarter Massachusetts Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$0
Sales and Gross Receipts Taxes$2,426
Income Taxes$4,626
License Taxes$260
Other Taxes$219
Source: U.S. Census Bureau

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