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Iowa collected $3.9 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.
Iowa Tax Collections 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Alcoholic beverages license | $22,017,000 | $18,664,000 |
Insurance premiums sales tax | $152,546,000 | $143,752,000 |
General sales and gross receipts taxes | $4,235,827,000 | $4,002,493,000 |
Alcoholic beverages sales tax | $22,218,000 | $29,798,000 |
Other selective sales and gross receipts taxes | $55,993,000 | $49,883,000 |
Corporations in general license | $79,982,000 | $64,639,000 |
Pari-mutuels sales tax | $3,947,000 | $3,870,000 |
Amusements sales tax | $373,500,000 | $339,345,000 |
Corporations net income taxes | $860,164,000 | $793,641,000 |
Motor vehicle operators license | $17,039,000 | $21,978,000 |
Selective sales and gross receipts taxes | $1,571,272,000 | $1,519,624,000 |
Tobacco products sales tax | $190,402,000 | $200,579,000 |
Motor vehicle license | $770,930,000 | $760,540,000 |
Documentarty and stock transfer taxes | $38,021,000 | $30,598,000 |
Motor fuels sales tax | $701,213,000 | $673,571,000 |
Other license taxes | $6,872,000 | $1,011,000 |
Public utilities sales tax | $71,453,000 | $78,826,000 |
Occupation and business license, NEC | $162,295,000 | $160,355,000 |
Amusements license | $28,780,000 | $27,920,000 |
Public utilities license | $11,841,000 | $10,791,000 |
Death and gift taxes | $91,826,000 | $100,141,000 |
Individual income taxes | $4,974,623,000 | $4,266,534,000 |
Hunting and fishing license | $35,356,000 | $35,549,000 |