Paul Marquart Commissioner of Revenue at Minnesota Department of Revenue | Minnesota Department of Revenue
Paul Marquart Commissioner of Revenue at Minnesota Department of Revenue | Minnesota Department of Revenue
Overall, Minnesota collected $8.5 billion in taxes during the fourth quarter of 2023, compared to $8.5 billion in the previous quarter.
The majority of the state’s tax revenue was collected through income taxes ($4.3 billion) and general sales and gross receipts taxes ($3.4 billion).
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.
| Type of Tax | Amount (millions) |
|---|---|
| Income Taxes | $4,261 |
| Sales and Gross Receipts Taxes | $3,415 |
| License Taxes | $343 |
| Property Taxes | $314 |
| Other Taxes | $120 |
Alerts Sign-up