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Pocatello Times

Thursday, November 28, 2024

Residents and visitors to Idaho paid $4.8 billion in taxes in 2018

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Idaho collected $4.8 billion in taxes in 2018, a 7.7 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 ($2.4 billion) and income taxes ($2.1 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 Idaho Tax Collections
Type of TaxAmount
Property taxes$0
Sales and gross receipts taxes$2,396,117,000
License taxes$367,178,000
Income taxes$2,076,673,000
Other taxes$8,391,000
General sales and gross receipts taxes$1,790,830,000
Selective sales and gross receipts taxes$605,287,000
Alcoholic beverages sales tax$9,710,000
Amusements sales tax$0
Insurance premiums sales tax$97,359,000
Motor fuels sales tax$362,234,000
Pari-mutuels sales tax$884,000
Public utilities sales tax$2,592,000
Tobacco products sales tax$51,141,000
Other selective sales and gross receipts taxes$81,367,000
Alcoholic beverages license$1,721,000
Amusements license$258,000
Corporations in general license$2,962,000
Hunting and fishing license$46,428,000
Motor vehicle license$195,431,000
Motor vehicle operators license$10,341,000
Public utilities license$58,067,000
Occupation and business license, nec$47,431,000
Other license taxes$4,539,000
Individual income taxes$1,835,864,000
Corporations net income taxes$240,809,000
Death and gift taxes$0
Documentary and stock transfer taxes$0
Severance taxes$5,463,000
Taxes, nec$2,928,000

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