Quantcast

Minnesota State Wire

Monday, September 15, 2025

Minnesota reports $326 million in license tax revenue in Q3

Webp adobestock 251268502

Adobe Stock

Adobe Stock

Minnesota collected $326 million in license taxes during the third quarter of 2021, 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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Minnesota collected $7.3 billion in combined tax revenues during the third quarter of 2021.

Q3 Minnesota Tax Collections

Type of TaxAmount (in millions of dollars)
License Taxes$326
Income Taxes$4,022
Other Taxes$166
Property Taxes$22
Sales and Gross Receipts Taxes$2,787

Source: U.S. Census Bureau

MORE NEWS