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Thursday, November 21, 2024

West Virginia's miscellaneous tax revenues down 66.9% since Q3 2023

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West Virginia Tax Commissioner Matthew Irby | West Virginia State Tax Department

West Virginia Tax Commissioner Matthew Irby | West Virginia State Tax Department

West Virginia collected $92 million in miscellaneous tax revenue during the third quarter of 2023, a 66.9% decrease from the same period the previous year when $278 million was reported, 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 that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q3 2023 West Virginia Tax Collections

Type of TaxAmount (millions)
Property Taxes$3
Sales and Gross Receipts Taxes$807
Income Taxes$552
License Taxes$46
Miscellaneous Taxes$92

Source: U.S. Census Bureau

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