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Friday, October 4, 2024

Residents and visitors to Utah paid $8 billion in taxes in 2018

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Utah collected $8 billion in taxes in 2018, a 2.6 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 income taxes ($4.4 billion) and sales and gross receipts taxes ($3.3 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 Utah Tax Collections
Type of TaxAmount
Property taxes$0
Sales and gross receipts taxes$3,268,914,000
License taxes$336,255,000
Income taxes$4,392,285,000
Other taxes$41,255,000
General sales and gross receipts taxes$2,248,774,000
Selective sales and gross receipts taxes$1,020,140,000
Alcoholic beverages sales tax$51,420,000
Amusements sales tax$0
Insurance premiums sales tax$135,180,000
Motor fuels sales tax$496,789,000
Pari-mutuels sales tax$0
Public utilities sales tax$24,351,000
Tobacco products sales tax$114,492,000
Other selective sales and gross receipts taxes$197,908,000
Alcoholic beverages license$6,315,000
Amusements license$0
Corporations in general license$465,000
Hunting and fishing license$31,299,000
Motor vehicle license$218,386,000
Motor vehicle operators license$16,772,000
Public utilities license$0
Occupation and business license, nec$56,433,000
Other license taxes$6,585,000
Individual income taxes$3,991,400,000
Corporations net income taxes$400,885,000
Death and gift taxes$0
Documentary and stock transfer taxes$0
Severance taxes$41,236,000
Taxes, nec$19,000

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