Adobe Stock
Adobe Stock
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.
2020 Minnesota Tax Collections
Type of Tax | Amount |
---|---|
Insurance premiums sales tax | $530,442,000 |
Other selective sales and gross receipts taxes | $2,716,502,000 |
Hunting and fishing license | $72,026,000 |
Other license taxes | $66,784,000 |
Death and gift taxes | $148,779,000 |
General sales and gross receipts taxes | $6,435,200,000 |
Motor fuels sales tax | $879,639,000 |
Motor vehicle license | $856,610,000 |
Documentarty and stock transfer taxes | $317,509,000 |
Selective sales and gross receipts taxes | $4,917,702,000 |
Pari-mutuels sales tax | $1,366,000 |
Alcoholic beverages license | $2,847,000 |
Motor vehicle operators license | $48,774,000 |
Individual income taxes | $10,923,158,000 |
Severance taxes | $56,358,000 |
Alcoholic beverages sales tax | $94,319,000 |
Public utilities sales tax | $53,000 |
Amusements license | $1,104,000 |
Public utilities license | $642,000 |
Corporations net income taxes | $1,604,450,000 |
Taxes, NEC | $53,334,000 |
Amusements sales tax | $79,189,000 |
Tobacco products sales tax | $616,192,000 |
Corporations in general license | $9,409,000 |
Occupation and business license, NEC | $520,132,000 |