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 Iowa Tax Collections
Type of Tax | Amount |
---|---|
Hunting and fishing license | $35,439,000 |
Other license taxes | $3,194,000 |
Death and gift taxes | $76,275,000 |
General sales and gross receipts taxes | $3,546,984,000 |
Motor fuels sales tax | $670,179,000 |
Motor vehicle license | $698,847,000 |
Documentarty and stock transfer taxes | $23,334,000 |
Selective sales and gross receipts taxes | $1,411,159,000 |
Pari-mutuels sales tax | $3,058,000 |
Alcoholic beverages license | $17,525,000 |
Motor vehicle operators license | $13,726,000 |
Individual income taxes | $3,960,027,000 |
Alcoholic beverages sales tax | $15,505,000 |
Public utilities sales tax | $71,987,000 |
Amusements license | $28,064,000 |
Public utilities license | $11,062,000 |
Corporations net income taxes | $620,486,000 |
Amusements sales tax | $241,736,000 |
Tobacco products sales tax | $211,564,000 |
Corporations in general license | $75,484,000 |
Occupation and business license, NEC | $138,016,000 |
Insurance premiums sales tax | $143,407,000 |
Other selective sales and gross receipts taxes | $53,723,000 |