Delaware’s combined tax revenues up 48.2% from Q4 to Q1 2022

Kathy L. Revel Director Division of Revenue at Delaware Department of Finance - Delaware Department of Finance - Division of Revenue

Apr 2, 2022

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Combined tax revenues in Delaware increased 48.2% in the first quarter of 2022 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Delaware collected $1.7 billion in taxes during the first quarter of 2022, compared to $1.2 billion in the previous quarter.

The majority of the state’s tax revenue was collected through corporations in general license ($795 million) and income taxes ($715 million).

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.

Q1 Delaware Tax Collections

Type of Tax	Amount (millions)
License Taxes	$795
Income Taxes	$715
Sales and Gross Receipts Taxes	$147
Other Taxes	$71

Source: U.S. Census Bureau

John T. Dorsey Chief Judge at U.S. Bankruptcy Court for the District of Delaware

Government

Judge John T. Dorsey remembered after passing following battle with cancer

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