Adobe Stock
Adobe Stock
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.
2020 New Jersey Tax Collections
Type of Tax | Amount |
---|---|
Insurance premiums sales tax | $686,682,000 |
Other selective sales and gross receipts taxes | $2,105,318,000 |
Hunting and fishing license | $14,827,000 |
Other license taxes | $1,852,000 |
Death and gift taxes | $436,756,000 |
General sales and gross receipts taxes | $11,068,018,000 |
Motor fuels sales tax | $487,883,000 |
Motor vehicle license | $628,977,000 |
Documentarty and stock transfer taxes | $544,460,000 |
Selective sales and gross receipts taxes | $5,203,731,000 |
Alcoholic beverages license | $3,492,000 |
Motor vehicle operators license | $53,070,000 |
Individual income taxes | $15,412,766,000 |
Alcoholic beverages sales tax | $151,731,000 |
Public utilities sales tax | $910,079,000 |
Amusements license | $54,425,000 |
Public utilities license | $21,565,000 |
Corporations net income taxes | $3,565,191,000 |
Amusements sales tax | $278,199,000 |
Tobacco products sales tax | $583,839,000 |
Corporations in general license | $374,586,000 |
Occupation and business license, NEC | $538,792,000 |