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Minnesota collected $271.3 million in taxes on miscellaneous occupation and business licenses in 2021.
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 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Corporations in general license | $16,259,000 | $16,055,000 |
Alcoholic beverages sales tax | $105,074,000 | $101,472,000 |
Amusements sales tax | $201,832,000 | $132,221,000 |
Corporations net income taxes | $4,729,850,000 | $2,423,383,000 |
Motor vehicle operators license | $51,328,000 | $59,219,000 |
Selective sales and gross receipts taxes | $4,804,744,000 | $4,505,898,000 |
Tobacco products sales tax | $610,055,000 | $626,480,000 |
Public utilities license | $7,297,000 | $7,570,000 |
Motor vehicle license | $926,172,000 | $945,653,000 |
Documentarty and stock transfer taxes | $393,946,000 | $410,830,000 |
Motor fuels sales tax | $900,563,000 | $844,730,000 |
Severance taxes | $104,616,000 | $64,652,000 |
Other license taxes | $84,574,000 | $86,585,000 |
Death and gift taxes | $212,421,000 | $204,646,000 |
Public utilities sales tax | $87,276,000 | $95,402,000 |
Occupation and business license, NEC | $273,841,000 | $271,262,000 |
Amusements license | $8,213,000 | $5,575,000 |
Alcoholic beverages license | $3,336,000 | $3,070,000 |
Hunting and fishing license | $103,313,000 | $110,681,000 |
Individual income taxes | $15,130,683,000 | $15,170,613,000 |
Insurance premiums sales tax | $718,431,000 | $650,137,000 |
General sales and gross receipts taxes | $7,287,411,000 | $6,698,560,000 |
Pari-mutuels sales tax | $1,906,000 | $2,463,000 |
Other selective sales and gross receipts taxes | $2,179,607,000 | $2,052,993,000 |