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Kentucky collected $31.6 million in pari-mutuels sales tax in 2021.
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 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Death and gift taxes | $82,953,000 | $61,625,000 |
Public utilities sales tax | $77,310,000 | $81,185,000 |
Occupation and business license, NEC | $134,556,000 | $136,386,000 |
Individual income taxes | $6,180,726,000 | $5,212,818,000 |
Hunting and fishing license | $31,953,000 | $31,326,000 |
Severance taxes | $109,019,000 | $84,446,000 |
Alcoholic beverages license | $8,027,000 | $225,000 |
Insurance premiums sales tax | $179,015,000 | $187,041,000 |
Amusements license | $300,000 | $243,000 |
General sales and gross receipts taxes | $5,162,018,000 | $4,558,439,000 |
Alcoholic beverages sales tax | $186,487,000 | $174,267,000 |
Pari-mutuels sales tax | $47,733,000 | $31,596,000 |
Other selective sales and gross receipts taxes | $962,714,000 | $935,079,000 |
Corporations in general license | $121,266,000 | $116,242,000 |
Amusements sales tax | $136,000 | $22,000 |
Corporations net income taxes | $1,168,370,000 | $926,075,000 |
Motor vehicle operators license | $28,500,000 | $23,037,000 |
Selective sales and gross receipts taxes | $2,556,458,000 | $2,529,699,000 |
Tobacco products sales tax | $374,873,000 | $420,634,000 |
Documentarty and stock transfer taxes | $9,879,000 | $3,592,000 |
Motor vehicle license | $224,860,000 | $223,193,000 |
Motor fuels sales tax | $728,190,000 | $699,875,000 |
Other license taxes | $2,244,000 | $2,395,000 |