Delaware’s sales and gross receipts tax revenue down 27.3% in Q3 compared to previous quarter

Kathy L. Revel Director Division of Revenue at Delaware Department of Finance
Kathy L. Revel Director Division of Revenue at Delaware Department of Finance
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Delaware collected $160 million in sales and gross receipts taxes during the third quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 27.3% decrease from the previous quarter, when sales and gross receipts tax revenue was $220 million.

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

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 state governments.

Overall, Delaware collected $1.4 billion in combined tax revenues in Q3.

Q3 2024 Delaware Tax Collections
Type of Tax Amount (millions)
Income Taxes $708
License Taxes $468
Other Taxes $66
Sales and Gross Receipts Taxes $160

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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