Adobe Stock
Adobe Stock
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.
2020 Virginia Tax Collections
Type of Tax | Amount |
---|---|
Insurance premiums sales tax | $549,082,000 |
Other selective sales and gross receipts taxes | $1,748,978,000 |
Hunting and fishing license | $26,459,000 |
Other license taxes | $65,208,000 |
Death and gift taxes | $81,000 |
General sales and gross receipts taxes | $5,720,715,000 |
Motor fuels sales tax | $1,101,139,000 |
Motor vehicle license | $446,812,000 |
Documentarty and stock transfer taxes | $554,295,000 |
Selective sales and gross receipts taxes | $4,346,732,000 |
Alcoholic beverages license | $15,604,000 |
Motor vehicle operators license | $138,837,000 |
Individual income taxes | $14,996,649,000 |
Severance taxes | $2,042,000 |
Alcoholic beverages sales tax | $266,361,000 |
Public utilities sales tax | $518,794,000 |
Amusements license | $113,000 |
Public utilities license | $635,000 |
Corporations net income taxes | $1,362,172,000 |
Taxes, NEC | $72,541,000 |
Amusements sales tax | $84,000 |
Tobacco products sales tax | $162,294,000 |
Corporations in general license | $66,069,000 |
Occupation and business license, NEC | $213,191,000 |