Adobe Stock
Adobe Stock
Most tax revenue came from income taxes ($1.5 billion) and sales and gross receipts taxes ($631.8 million).
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 cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2018 Montana Tax Collections
| Type of Tax | Amount |
|---|---|
| Property taxes | $294,519,000 |
| Sales and gross receipts taxes | $631,797,000 |
| License taxes | $352,066,000 |
| Income taxes | $1,476,941,000 |
| Other taxes | $189,504,000 |
| General sales and gross receipts taxes | $0 |
| Selective sales and gross receipts taxes | $631,797,000 |
| Alcoholic beverages sales tax | $33,816,000 |
| Amusements sales tax | $46,655,000 |
| Insurance premiums sales tax | $110,827,000 |
| Motor fuels sales tax | $254,167,000 |
| Pari-mutuels sales tax | $51,000 |
| Public utilities sales tax | $41,718,000 |
| Tobacco products sales tax | $80,532,000 |
| Other selective sales and gross receipts taxes | $64,031,000 |
| Alcoholic beverages license | $3,478,000 |
| Amusements license | $8,231,000 |
| Corporations in general license | $4,921,000 |
| Hunting and fishing license | $38,414,000 |
| Motor vehicle license | $154,528,000 |
| Motor vehicle operators license | $9,276,000 |
| Public utilities license | $18,000 |
| Occupation and business license, nec | $112,971,000 |
| Other license taxes | $20,229,000 |
| Individual income taxes | $1,300,809,000 |
| Corporations net income taxes | $176,132,000 |
| Death and gift taxes | $0 |
| Documentary and stock transfer taxes | $0 |
| Severance taxes | $185,823,000 |
| Taxes, nec | $3,681,000 |
Alerts Sign-up