New Hampshire’s license tax revenue up 11.5% in Q3 compared to same quarter of previous year

Lindsey M. Stepp, Commissioner of Revenue - New Hampshire Department of Revenue Administration
Lindsey M. Stepp, Commissioner of Revenue - New Hampshire Department of Revenue Administration
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New Hampshire collected $116 million in license taxes during the third quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents an 11.5% increase over the same quarter the previous year, when license tax revenue was $104 million.

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 state governments.

Overall, New Hampshire collected $696 million in combined tax revenues in Q3.

Q3 New Hampshire Tax Collections
Type of Tax Amount (millions)
Income Taxes $267
Sales and Gross Receipts Taxes $241
License Taxes $116
Other Taxes $55
Property Taxes $11

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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