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Minnesota collected $457 million in taxes on miscellaneous occupation and business licenses in 2019.
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.
Minnesota Tax Collections 2020 vs. 2019
Type of Tax | 2020 amount | 2019 amount |
---|---|---|
Motor fuels sales tax | $879,639,000 | $935,632,000 |
Amusements license | $1,104,000 | $1,137,000 |
Severance taxes | $56,358,000 | $60,158,000 |
General sales and gross receipts taxes | $6,435,200,000 | $6,205,621,000 |
Alcoholic beverages license | $2,847,000 | $2,711,000 |
Hunting and fishing license | $72,026,000 | $68,643,000 |
Public utilities license | $642,000 | $675,000 |
Death and gift taxes | $148,779,000 | $222,279,000 |
Selective sales and gross receipts taxes | $4,917,702,000 | $4,963,954,000 |
Insurance premiums sales tax | $530,442,000 | $524,654,000 |
Motor vehicle operators license | $48,774,000 | $44,352,000 |
Other license taxes | $66,784,000 | $64,669,000 |
Other selective sales and gross receipts taxes | $2,716,502,000 | $2,693,337,000 |
Corporations in general license | $9,409,000 | $9,275,000 |
Pari-mutuels sales tax | $1,366,000 | $1,192,000 |
Occupation and business license, NEC | $520,132,000 | $456,956,000 |
Individual income taxes | $10,923,158,000 | $12,400,060,000 |
Taxes, NEC | $53,334,000 | $52,031,000 |
Tobacco products sales tax | $616,192,000 | $626,533,000 |
Alcoholic beverages sales tax | $94,319,000 | $92,848,000 |
Documentarty and stock transfer taxes | $317,509,000 | $251,851,000 |
Motor vehicle license | $856,610,000 | $847,267,000 |
Amusements sales tax | $79,189,000 | $89,707,000 |
Public utilities sales tax | $53,000 | $51,000 |
Corporations net income taxes | $1,604,450,000 | $1,711,659,000 |