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Granite State Times

Thursday, September 19, 2024

New Hampshire collects $100 million in license tax revenue in Q4

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Lindsey M. Stepp, Commissioner of Revenue | New Hampshire Department of Revenue Administration

Lindsey M. Stepp, Commissioner of Revenue | New Hampshire Department of Revenue Administration

New Hampshire collected $100 million in license taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, New Hampshire collected $660 million in combined tax revenues in Q4.

Q4 New Hampshire Tax Collections

Type of TaxAmount (millions)
Income Taxes$287
License Taxes$100
Other Taxes$50
Property Taxes$11
Sales and Gross Receipts Taxes$199

Source: U.S. Census Bureau

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