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Hawkeye Reporter

Saturday, October 25, 2025

Iowa collects $298 million in license tax revenue in Q4

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Mary Mosiman Director Department of Revenue at Iowa Department of Revenue | Iowa Department of Revenue

Mary Mosiman Director Department of Revenue at Iowa Department of Revenue | Iowa Department of Revenue

Iowa collected $298 million in license taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Iowa collected $2.9 billion in combined tax revenues in Q4.

Q4 Iowa Tax Collections

Type of TaxAmount (millions)
Income Taxes$1,098
License Taxes$298
Other Taxes$22
Property Taxes$0
Sales and Gross Receipts Taxes$1,522

Source: U.S. Census Bureau