Vermont’s sales and gross receipts tax revenue up 5 percent since previous quarter


Vermont collected $293 million in sales and gross receipts taxes during the 1st quarter of 2019, a 5 percent increase over Q4 2018, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Q4 sales and gross receipts tax revenue was $279 million.

Sales and gross receipt taxes include taxes on such things as license, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

Individual income taxes are based on net personal income and taxes imposed on such income as dividends, interest and income from intangibles.

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 that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Overall, Vermont collected $542 million in combined tax revenues in Q1.

1st Quarter Vermont Tax Collections
Type of Tax
Amount (in millions of dollars)
Property Taxes
$1
Sales and Gross Receipts Taxes
$293
Income Taxes
$202
License Taxes
$36
Other Taxes
$9
Source: U.S. Census Bureau

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