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Connecticut collects $100 million in license tax revenue in Q4

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Mark D. Boughton Commissioner of Revenue at Connecticut Department of Revenue Services | Connecticut Department of Revenue Services

Mark D. Boughton Commissioner of Revenue at Connecticut Department of Revenue Services | Connecticut Department of Revenue Services

Connecticut collected $100 million in license taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Connecticut collected $5.1 billion in combined tax revenues in Q4.

Q4 Connecticut Tax Collections

Type of TaxAmount (millions)
Income Taxes$2,611
License Taxes$100
Other Taxes$109
Sales and Gross Receipts Taxes$2,292

Source: U.S. Census Bureau

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