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Tuesday, November 5, 2024

Delaware collected 59% more in pari-mutuels sales tax in 2022

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Of the $6.3 billion in taxes collected by Delaware in 2022, $62,000 came from pari-mutuels sales tax, a 59 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Delaware collected $39,000 in pari-mutuels sales tax in 2021.

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.

Delaware Tax Collections 2022 vs. 2021
Type of Tax2022 amount2021 amount
Motor fuels sales tax$134,474,000$124,842,000
Insurance premiums sales tax$146,051,000$123,324,000
Occupation and business license, NEC$140,463,000$161,821,000
Documentarty and stock transfer taxes$324,273,000$246,549,000
Hunting and fishing license$4,766,000$4,492,000
Public utilities sales tax$43,826,000$45,518,000
Individual income taxes$2,405,043,000$2,148,289,000
Amusements license$434,000$333,000
Public utilities license$700,000$550,000
Alcoholic beverages license$2,566,000$1,693,000
Alcoholic beverages sales tax$30,911,000$32,719,000
Death and gift taxes$4,000$2,000
Other selective sales and gross receipts taxes$173,896,000$145,781,000
Corporations in general license$2,210,216,000$1,822,622,000
Corporations net income taxes$498,885,000$334,805,000
Taxes, NEC$1,094,000$1,314,000
Motor vehicle operators license$5,902,000$8,379,000
Pari-mutuels sales tax$62,000$39,000
Selective sales and gross receipts taxes$644,552,000$587,923,000
Tobacco products sales tax$115,332,000$115,700,000
Other license taxes$12,364,000$14,758,000
Motor vehicle license$59,629,000$62,180,000
Source: U.S. Census Bureau

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