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Tuesday, November 26, 2024

Residents and visitors to Delaware paid $4.2 billion in taxes in 2018

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Delaware collected $4.2 billion in taxes in 2018, a 17.6 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from income taxes ($1.9 billion) and license taxes ($1.6 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 Delaware Tax Collections
Type of TaxAmount
Property taxes$0
Sales and gross receipts taxes$585,645,000
License taxes$1,574,576,000
Income taxes$1,907,137,000
Other taxes$152,348,000
General sales and gross receipts taxes$0
Selective sales and gross receipts taxes$585,645,000
Alcoholic beverages sales tax$26,556,000
Amusements sales tax$0
Insurance premiums sales tax$110,292,000
Motor fuels sales tax$131,864,000
Pari-mutuels sales tax$67,000
Public utilities sales tax$53,228,000
Tobacco products sales tax$123,026,000
Other selective sales and gross receipts taxes$140,612,000
Alcoholic beverages license$1,816,000
Amusements license$321,000
Corporations in general license$1,378,003,000
Hunting and fishing license$3,759,000
Motor vehicle license$58,969,000
Motor vehicle operators license$5,838,000
Public utilities license$134,000
Occupation and business license, nec$117,494,000
Other license taxes$8,242,000
Individual income taxes$1,652,335,000
Corporations net income taxes$254,802,000
Death and gift taxes$4,425,000
Documentary and stock transfer taxes$146,774,000
Severance taxes$0
Taxes, nec$1,149,000

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