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Iowa collected $3.1 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.
Iowa Tax Collections 2021 vs. 2020
Type of Tax | 2021 amount | 2020 amount |
---|---|---|
Other license taxes | $1,011,000 | $3,194,000 |
Motor vehicle operators license | $21,978,000 | $13,726,000 |
General sales and gross receipts taxes | $4,002,493,000 | $3,546,984,000 |
Amusements license | $27,920,000 | $28,064,000 |
Public utilities sales tax | $78,826,000 | $71,987,000 |
Hunting and fishing license | $35,549,000 | $35,439,000 |
Alcoholic beverages sales tax | $29,798,000 | $15,505,000 |
Death and gift taxes | $100,141,000 | $76,275,000 |
Alcoholic beverages license | $18,664,000 | $17,525,000 |
Amusements sales tax | $339,345,000 | $241,736,000 |
Occupation and business license, NEC | $160,355,000 | $138,016,000 |
Individual income taxes | $4,266,534,000 | $3,960,027,000 |
Public utilities license | $10,791,000 | $11,062,000 |
Corporations in general license | $64,639,000 | $75,484,000 |
Motor fuels sales tax | $673,571,000 | $670,179,000 |
Selective sales and gross receipts taxes | $1,519,624,000 | $1,411,159,000 |
Other selective sales and gross receipts taxes | $49,883,000 | $53,723,000 |
Corporations net income taxes | $793,641,000 | $620,486,000 |
Documentarty and stock transfer taxes | $30,598,000 | $23,334,000 |
Insurance premiums sales tax | $143,752,000 | $143,407,000 |
Pari-mutuels sales tax | $3,870,000 | $3,058,000 |
Motor vehicle license | $760,540,000 | $698,847,000 |
Tobacco products sales tax | $200,579,000 | $211,564,000 |