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Kentucky collected $16.1 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.
Kentucky Tax Collections 2021 vs. 2020
Type of Tax | 2021 amount | 2020 amount |
---|---|---|
Insurance premiums sales tax | $187,041,000 | $178,083,000 |
Motor vehicle license | $223,193,000 | $205,245,000 |
Tobacco products sales tax | $420,634,000 | $382,071,000 |
Other license taxes | $2,395,000 | $4,907,000 |
Motor vehicle operators license | $23,037,000 | $14,038,000 |
General sales and gross receipts taxes | $4,558,439,000 | $4,191,324,000 |
Amusements license | $243,000 | $275,000 |
Public utilities sales tax | $81,185,000 | $70,648,000 |
Death and gift taxes | $61,625,000 | $48,250,000 |
Hunting and fishing license | $31,326,000 | $30,778,000 |
Severance taxes | $84,446,000 | $109,176,000 |
Alcoholic beverages sales tax | $174,267,000 | $159,588,000 |
Alcoholic beverages license | $225,000 | $3,721,000 |
Amusements sales tax | $22,000 | $145,000 |
Occupation and business license, NEC | $136,386,000 | $134,316,000 |
Individual income taxes | $5,212,818,000 | $4,831,399,000 |
Corporations in general license | $116,242,000 | $151,794,000 |
Motor fuels sales tax | $699,875,000 | $690,280,000 |
Selective sales and gross receipts taxes | $2,529,699,000 | $2,347,873,000 |
Other selective sales and gross receipts taxes | $935,079,000 | $850,980,000 |
Documentarty and stock transfer taxes | $3,592,000 | $3,491,000 |
Corporations net income taxes | $926,075,000 | $639,200,000 |
Pari-mutuels sales tax | $31,596,000 | $16,078,000 |