Overview
|
Type of State Tax Collected |
Gross State Tax |
Refunds and |
Net State Tax |
|
Department of Revenue: |
|
|
|
|
Alcoholic Beverages |
$ 92,757,181 |
$ 97,348 |
$ 92,659,833 |
|
Financial Institutions |
46,432,912 |
1,507,359 |
44,925,553 |
|
Cigarettes* |
400,497,522 |
2,283,282 |
398,214,240 |
|
Corporations |
3,918,908,146 |
292,311,423 |
3,626,596,723 |
|
Deeds |
278,635,266 |
87,792 |
278,547,474 |
|
Estate and Inheritance |
820,656,562 |
32,892,916 |
787,763,646 |
|
Income* |
21,412,708,459 |
1,750,585,790 |
19,662,122,669 |
|
Insurance |
495,594,381 |
15,111,833 |
480,482,548 |
|
Motor Fuels and I.F.T.A.† |
665,979,200 |
3,046,940 |
662,932,260 |
|
Public Utilities |
1,471,656 |
0 |
1,471,656 |
|
Room Occupancy ‡ |
126,471,931 |
2,252,079 |
124,219,852 |
|
Sales and Use ‡ |
7,906,977,777 |
57,128,103 |
7,849,849,674 |
|
Club Alcoholic Beverages |
646,990 |
101,290 |
545,700 |
|
Motor Vehicle Excise |
790,861 |
7,849 |
783,012 |
|
Convention Center Surcharges |
4,234,331 |
1,027 |
4,233,304 |
|
Community Preservation Trust |
82,211,889 |
(1) |
82,211,890 |
|
Controlled Substances and Marijuana Excise |
112,370,476 |
0 |
112,370,476 |
|
Satellite |
6,716,926 |
9,240 |
6,707,686 |
|
Statewide Car Rental |
3,241,725 |
130 |
3,241,595 |
|
Electronic Nicotine Delivery System |
13,529,724 |
225,552 |
13,304,172 |
|
Subtotal (Department of Revenue) |
$ 36,390,833,915 |
$ 2,157,649,952 |
$ 34,233,183,963 |
|
Massachusetts Gaming Commission: |
|
|
|
|
Pari-Mutuel Taxes |
1,117,166 |
0 |
1,117,166 |
|
Gaming Revenue Tax |
224,006,645 |
0 |
224,006,645 |
|
Lottery Commission: |
|
|
|
|
Beano |
29,543 |
0 |
29,543 |
|
Raffles and Bazaars |
584,569 |
0 |
584,569 |
|
State Athletic Commission: |
|
|
|
|
Boxing Contests |
0 |
0 |
0 |
|
Boxer’s Fund |
0 |
0 |
0 |
|
Division of Insurance: |
|
|
|
|
Excess and Surplus Lines Insurance |
56,922,088 |
0 |
56,922,088 |
|
Secretary of State: |
|
|
|
|
Deeds Excise Stamp Tax Fees |
118,629,776 |
0 |
118,629,776 |
|
Department of Unemployment Assistance: |
|
|
|
|
Workforce Training Contribution |
21,363,318 |
0 |
21,363,318 |
|
Subtotal (Other Agencies) |
$ 422,653,105 |
$ 0 |
$ 422,653,105 |
|
Total (Department of Revenue and Other Agencies) |
$ 36,813,487,020 |
$ 2,157,649,952 |
$ 34,655,837,068 |
* Includes income tax penalties assessed under Section 2 of Chapter 111M of the Massachusetts General Laws (totaling $43,662,416) and cigarette excise revenue assessed in accordance with Sections 12 and 70 of Chapter 302 of the Acts of 2008 (totaling $82,140,670) credited to the Commonwealth Care Trust Fund (CCTF). Fiscal year 2021 tax revenues credited to the CCTF totaled $125,803,086.
† International Fuel Tax Agreement.
‡ Includes sales, meals, and room occupancy taxes, as well as service fees for the City of Worcester Digital Federal Credit Union Arena and Convention Center Capital Improvement Fund.
| Date published: | September 20, 2021 |
|---|