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Wednesday, December 25, 2024

West Virginia reports $83 million in license tax revenue in Q3

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West Virginia collected $83 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, West Virginia collected $1.4 billion in combined tax revenues during the third quarter of 2021.

Q3 West Virginia Tax Collections

Type of TaxAmount (in millions of dollars)
License Taxes$83
Income Taxes$588
Other Taxes$2
Property Taxes$3
Sales and Gross Receipts Taxes$763

Source: U.S. Census Bureau

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