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Tuesday, December 24, 2024

West Virginia collected 1.1% less in pari-mutuels sales tax in 2020

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Of the $5.5 billion in taxes collected by West Virginia in 2020, $2.9 million came from pari-mutuels sales tax, a 1.1 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

West Virginia collected $2.9 million in pari-mutuels sales tax 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.

West Virginia Tax Collections 2020 vs. 2019
Type of Tax2020 amount2019 amount
Pari-mutuels sales tax$2,876,000$2,907,000
Taxes, NEC$7,144,000$7,493,000
Corporations net income taxes$151,989,000$198,799,000
Motor vehicle license$4,355,000$5,203,000
Tobacco products sales tax$168,750,000$171,224,000
Alcoholic beverages sales tax$18,181,000$17,924,000
Amusements license$4,154,000$3,913,000
Alcoholic beverages license$44,688,000$944,000
Public utilities license$340,000$469,000
Public utilities sales tax$137,346,000$124,500,000
Hunting and fishing license$14,326,000$12,547,000
Other license taxes$3,508,000$3,356,000
Motor fuels sales tax$427,273,000$443,423,000
Individual income taxes$1,947,946,000$2,096,807,000
Selective sales and gross receipts taxes$1,432,406,000$1,422,535,000
Corporations in general license$728,000$798,000
Documentarty and stock transfer taxes$12,188,000$12,990,000
Insurance premiums sales tax$128,500,000$129,358,000
Motor vehicle operators license$143,600,000$182,223,000
Severance taxes$267,049,000$462,451,000
Amusements sales tax$27,144,000$35,530,000
Occupation and business license, NEC$40,541,000$31,388,000
General sales and gross receipts taxes$1,386,571,000$1,368,000,000
Other selective sales and gross receipts taxes$522,336,000$497,669,000
Source: U.S. Census Bureau

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