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Most tax revenue came from income taxes ($15 billion) and sales and gross receipts taxes ($7.1 billion).
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 cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2018 Virginia Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $31,890,000 |
Sales and gross receipts taxes | $7,087,195,000 |
License taxes | $878,751,000 |
Income taxes | $14,967,663,000 |
Other taxes | $523,899,000 |
General sales and gross receipts taxes | $4,076,636,000 |
Selective sales and gross receipts taxes | $3,010,559,000 |
Alcoholic beverages sales tax | $231,250,000 |
Amusements sales tax | $84,000 |
Insurance premiums sales tax | $516,743,000 |
Motor fuels sales tax | $1,031,034,000 |
Pari-mutuels sales tax | $0 |
Public utilities sales tax | $116,584,000 |
Tobacco products sales tax | $160,383,000 |
Other selective sales and gross receipts taxes | $954,481,000 |
Alcoholic beverages license | $14,591,000 |
Amusements license | $107,000 |
Corporations in general license | $64,102,000 |
Hunting and fishing license | $29,393,000 |
Motor vehicle license | $492,825,000 |
Motor vehicle operators license | $41,288,000 |
Public utilities license | $0 |
Occupation and business license, nec | $231,791,000 |
Other license taxes | $4,654,000 |
Individual income taxes | $14,105,766,000 |
Corporations net income taxes | $861,897,000 |
Death and gift taxes | $932,000 |
Documentary and stock transfer taxes | $386,598,000 |
Severance taxes | $2,695,000 |
Taxes, nec | $133,674,000 |