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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 sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
2020 Colorado Tax Collections
Type of Tax | Amount |
---|---|
General sales and gross receipts taxes | $3,400,110,000 |
Motor fuels sales tax | $663,889,000 |
Motor vehicle license | $428,841,000 |
Selective sales and gross receipts taxes | $2,611,871,000 |
Pari-mutuels sales tax | $387,000 |
Alcoholic beverages license | $7,639,000 |
Motor vehicle operators license | $39,744,000 |
Individual income taxes | $7,539,184,000 |
Severance taxes | $147,878,000 |
Alcoholic beverages sales tax | $49,778,000 |
Amusements license | $756,000 |
Public utilities license | $13,309,000 |
Corporations net income taxes | $696,612,000 |
Amusements sales tax | $88,685,000 |
Tobacco products sales tax | $187,129,000 |
Corporations in general license | $23,474,000 |
Occupation and business license, NEC | $52,221,000 |
Insurance premiums sales tax | $337,655,000 |
Other selective sales and gross receipts taxes | $1,284,348,000 |
Hunting and fishing license | $112,800,000 |
Other license taxes | $45,000 |