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Thursday, November 28, 2024

West Virginia collected 0.9% less in pari-mutuels sales tax in 2021

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Of the $6 billion in taxes collected by West Virginia in 2021, $2.9 million came from pari-mutuels sales tax, a 0.9 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 2020.

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 2021 vs. 2020
Type of Tax2021 amount2020 amount
Tobacco products sales tax$171,187,000$168,750,000
Amusements license$4,394,000$4,154,000
Alcoholic beverages license$3,035,000$44,688,000
Other license taxes$5,041,000$3,508,000
Individual income taxes$2,253,788,000$1,947,946,000
Motor vehicle operators license$148,902,000$143,600,000
Severance taxes$274,256,000$267,049,000
Documentarty and stock transfer taxes$15,913,000$12,188,000
Hunting and fishing license$15,302,000$14,326,000
Public utilities sales tax$126,206,000$137,346,000
Amusements sales tax$27,584,000$27,144,000
Alcoholic beverages sales tax$17,304,000$18,181,000
Corporations in general license$756,000$728,000
Taxes, NEC$8,175,000$7,144,000
Corporations net income taxes$320,487,000$151,989,000
Occupation and business license, NEC$14,521,000$40,541,000
Motor fuels sales tax$399,542,000$427,273,000
Motor vehicle license$4,562,000$4,355,000
Selective sales and gross receipts taxes$1,431,309,000$1,432,406,000
Other selective sales and gross receipts taxes$568,575,000$522,336,000
Pari-mutuels sales tax$2,850,000$2,876,000
Insurance premiums sales tax$118,061,000$128,500,000
General sales and gross receipts taxes$1,537,245,000$1,386,571,000
Public utilities license$389,000$340,000
Source: U.S. Census Bureau

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