Delaware’s sales and gross receipts tax revenue down 25.6 percent in Q3 since the previous quarter

Delaware’s sales and gross receipts tax revenue down 25.6 percent in Q3 since the previous quarter
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Delaware collected $151 million in sales and gross receipts taxes during the third quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is a 25.6 percent decrease from the previous quarter when sales and gross receipts tax revenue was $203 million.

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

Individual income taxes are based on net personal income and taxes imposed on dividends, interest, and income from intangibles.

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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Delaware collected $1.2 billion in combined tax revenues during the third quarter of 2021.

Q3 Delaware Tax Collections

Type of Tax Amount (in millions of dollars)
Sales and Gross Receipts Taxes $151
Income Taxes $567
License Taxes $383
Other Taxes $83

Source: U.S. Census Bureau



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