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North Vegas Times

Wednesday, November 6, 2024

Residents and visitors to Nevada paid $9.2 billion in taxes in 2018

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Nevada collected $9.2 billion in taxes in 2018, a 6.2 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 sales and gross receipts taxes ($7.3 billion) and other taxes ($849.2 million).

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 Nevada Tax Collections
Type of TaxAmount
Property taxes$317,136,000
Sales and gross receipts taxes$7,329,456,000
License taxes$661,240,000
Income taxes$0
Other taxes$849,204,000
General sales and gross receipts taxes$5,095,689,000
Selective sales and gross receipts taxes$2,233,767,000
Alcoholic beverages sales tax$45,340,000
Amusements sales tax$915,531,000
Insurance premiums sales tax$395,701,000
Motor fuels sales tax$343,386,000
Pari-mutuels sales tax$3,000
Public utilities sales tax$46,300,000
Tobacco products sales tax$177,161,000
Other selective sales and gross receipts taxes$310,345,000
Alcoholic beverages license$0
Amusements license$82,640,000
Corporations in general license$78,782,000
Hunting and fishing license$12,144,000
Motor vehicle license$198,263,000
Motor vehicle operators license$28,099,000
Public utilities license$0
Occupation and business license, nec$256,769,000
Other license taxes$4,543,000
Individual income taxes$0
Corporations net income taxes$0
Death and gift taxes$0
Documentary and stock transfer taxes$111,422,000
Severance taxes$155,938,000
Taxes, nec$581,844,000

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