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Most tax revenue came from income taxes ($13.2 billion) and sales and gross receipts taxes ($12.8 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 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 the bureau and how much was collected.
2020 North Carolina Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $0 |
Sales and gross receipts taxes | $12,839,610,000 |
License taxes | $2,197,546,000 |
Income taxes | $13,168,249,000 |
Miscellaneous taxes | $97,722,000 |
General sales and gross receipts taxes | $8,473,886,000 |
Selective sales and gross receipts taxes | $4,365,724,000 |
Alcoholic beverages sales tax | $452,442,000 |
Amusements sales tax | $48,000 |
Insurance premiums sales tax | $675,023,000 |
Motor fuels sales tax | $1,943,572,000 |
Pari-mutuels sales tax | $0 |
Public utilities sales tax | $277,000 |
Tobacco products sales tax | $288,657,000 |
Other selective sales and gross receipts taxes | $1,005,705,000 |
Alcoholic beverages license | $24,477,000 |
Amusements license | $177,000 |
Corporations in general license | $752,141,000 |
Hunting and fishing license | $35,858,000 |
Motor vehicle license | $873,708,000 |
Motor vehicle operators license | $109,255,000 |
Public utilities license | $18,943,000 |
Occupation and business license, NEC | $335,928,000 |
Other license taxes | $47,059,000 |
Individual income taxes | $12,505,906,000 |
Corporations net income taxes | $662,343,000 |
Death and gift taxes | $1,279,000 |
Documentarty and stock transfer taxes | $94,719,000 |
Severance taxes | $1,724,000 |
Taxes, NEC | $0 |