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Saturday, September 13, 2025

Iowa collected 19.3% less in pari-mutuels sales tax in 2020

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Of the $10.7 billion in taxes collected by Iowa in 2020, $3.1 million came from pari-mutuels sales tax, a 19.3 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Iowa collected $3.8 million in pari-mutuels sales tax in 2019.

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.

Iowa Tax Collections 2020 vs. 2019
Type of Tax2020 amount2019 amount
Tobacco products sales tax$211,564,000$202,021,000
Motor vehicle license$698,847,000$685,933,000
Amusements sales tax$241,736,000$302,652,000
Corporations net income taxes$620,486,000$535,594,000
Alcoholic beverages sales tax$15,505,000$22,248,000
Documentarty and stock transfer taxes$23,334,000$22,168,000
Motor fuels sales tax$670,179,000$665,799,000
Public utilities sales tax$71,987,000$56,212,000
Amusements license$28,064,000$29,593,000
General sales and gross receipts taxes$3,546,984,000$3,404,630,000
Other license taxes$3,194,000$8,376,000
Hunting and fishing license$35,439,000$30,075,000
Alcoholic beverages license$17,525,000$18,589,000
Selective sales and gross receipts taxes$1,411,159,000$1,453,235,000
Insurance premiums sales tax$143,407,000$153,428,000
Motor vehicle operators license$13,726,000$20,887,000
Other selective sales and gross receipts taxes$53,723,000$47,087,000
Corporations in general license$75,484,000$52,940,000
Death and gift taxes$76,275,000$77,255,000
Occupation and business license, NEC$138,016,000$137,217,000
Individual income taxes$3,960,027,000$4,098,020,000
Pari-mutuels sales tax$3,058,000$3,788,000
Public utilities license$11,062,000$7,375,000
Source: U.S. Census Bureau

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