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Saturday, November 16, 2024

Residents and visitors to Louisiana paid $11.4 billion in taxes in 2018

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Louisiana collected $11.4 billion in taxes in 2018, a 4.6 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from sales and gross receipts taxes ($6.9 billion) and income taxes ($3.6 billion).

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 Louisiana Tax Collections
Type of TaxAmount
Property taxes$60,172,000
Sales and gross receipts taxes$6,864,723,000
License taxes$393,129,000
Income taxes$3,604,434,000
Other taxes$435,228,000
General sales and gross receipts taxes$4,252,693,000
Selective sales and gross receipts taxes$2,612,030,000
Alcoholic beverages sales tax$75,774,000
Amusements sales tax$708,462,000
Insurance premiums sales tax$870,872,000
Motor fuels sales tax$631,641,000
Pari-mutuels sales tax$5,191,000
Public utilities sales tax$9,349,000
Tobacco products sales tax$163,770,000
Other selective sales and gross receipts taxes$146,971,000
Alcoholic beverages license$0
Amusements license$0
Corporations in general license$148,116,000
Hunting and fishing license$31,994,000
Motor vehicle license$79,284,000
Motor vehicle operators license$15,477,000
Public utilities license$7,577,000
Occupation and business license, nec$106,475,000
Other license taxes$4,206,000
Individual income taxes$3,246,226,000
Corporations net income taxes$358,208,000
Death and gift taxes$0
Documentary and stock transfer taxes$0
Severance taxes$435,228,000
Taxes, nec$0

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