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Granite State Times

Wednesday, December 4, 2024

$199 million in sales and gross receipt tax revenue for New Hampshire in Q4 2023

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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 $199 million in sales and gross receipt taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Overall, New Hampshire's combined tax revenues reached $660 million during the year, as of fourth quarter of 2023.

Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

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.

Q4 2023 New Hampshire Tax Collections

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

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