Kentucky’s license tax revenue up 3.1% in Q1 compared to same quarter of previous year

Thomas B. Miller Commissioner of Revenue at Kentucky Department of Revenue
Thomas B. Miller Commissioner of Revenue at Kentucky Department of Revenue
0Comments

Kentucky collected $235 million in license taxes during the first quarter of 2025, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 3.1% increase over the same quarter the previous year, when license tax revenue was $228 million.

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 state governments.

Overall, Kentucky collected $4.2 billion in combined tax revenues in Q1.

Q1 Kentucky Tax Collections
Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$2,166
Income Taxes$1,474
License Taxes$235
Property Taxes$206
Other Taxes$49
Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



Related

dummy-img

McConnell issues statement on death of Army Sergeant Benjamin N. Pennington in Saudi Arabia

Senator Mitch McConnell issued a statement mourning Army Sergeant Benjamin N. Pennington’s death following an Iranian attack on U.S. troops in Saudi Arabia. The senator honored Pennington’s service and highlighted ongoing risks faced by military personnel abroad.

Lt. Gov. Adam Gregg

2024: Kentucky’s corporations in general license taxes collections were up, changing by 0.7% from the previous year

Out of the $17.2 billion in total tax revenue collected by Kentucky in 2024, $122.4 million came from corporations in general license taxes, representing an increase from the previous year, when the total was $121.5 million, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Paul McCaffrey Acting United States Attorney for the Eastern District of Kentucky

Johnson County clinic owner convicted for distributing controlled substances

A federal jury in Frankfort, Kentucky, has convicted Jeremy Bryson, 47, of Harrodsburg on multiple charges related to the unlawful distribution of controlled substances.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Bluegrass Times.