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Colorado collected $13.3 million in taxes on public utilities licenses in 2020.
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.
Colorado Tax Collections 2021 vs. 2020
Type of Tax | 2021 amount | 2020 amount |
---|---|---|
Motor vehicle license | $458,464,000 | $428,841,000 |
Tobacco products sales tax | $227,872,000 | $187,129,000 |
Insurance premiums sales tax | $347,690,000 | $337,655,000 |
Hunting and fishing license | $115,697,000 | $112,800,000 |
Other license taxes | $36,000 | $45,000 |
Pari-mutuels sales tax | $306,000 | $387,000 |
Motor vehicle operators license | $44,038,000 | $39,744,000 |
Alcoholic beverages sales tax | $53,433,000 | $49,778,000 |
General sales and gross receipts taxes | $3,660,590,000 | $3,400,110,000 |
Amusements license | $960,000 | $756,000 |
Occupation and business license, NEC | $53,943,000 | $52,221,000 |
Alcoholic beverages license | $6,138,000 | $7,639,000 |
Corporations in general license | $25,975,000 | $23,474,000 |
Individual income taxes | $10,246,531,000 | $7,539,184,000 |
Motor fuels sales tax | $618,724,000 | $663,889,000 |
Selective sales and gross receipts taxes | $2,912,346,000 | $2,611,871,000 |
Other selective sales and gross receipts taxes | $1,548,697,000 | $1,284,348,000 |
Corporations net income taxes | $1,278,046,000 | $696,612,000 |
Amusements sales tax | $115,624,000 | $88,685,000 |
Public utilities license | $15,084,000 | $13,309,000 |