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Monday, October 7, 2024

Residents and visitors to West Virginia paid $5.4 billion in taxes in 2018

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West Virginia collected $5.4 billion in taxes in 2018, a 6.4 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 sales and gross receipts taxes ($2.7 billion) and income taxes ($2.1 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 West Virginia Tax Collections
Type of TaxAmount
Property taxes$7,316,000
Sales and gross receipts taxes$2,731,739,000
License taxes$194,048,000
Income taxes$2,060,639,000
Other taxes$423,931,000
General sales and gross receipts taxes$1,311,930,000
Selective sales and gross receipts taxes$1,419,809,000
Alcoholic beverages sales tax$17,576,000
Amusements sales tax$35,152,000
Insurance premiums sales tax$169,607,000
Motor fuels sales tax$419,528,000
Pari-mutuels sales tax$2,704,000
Public utilities sales tax$119,736,000
Tobacco products sales tax$177,840,000
Other selective sales and gross receipts taxes$477,666,000
Alcoholic beverages license$1,927,000
Amusements license$3,672,000
Corporations in general license$737,000
Hunting and fishing license$12,325,000
Motor vehicle license$4,498,000
Motor vehicle operators license$160,076,000
Public utilities license$449,000
Occupation and business license, nec$8,144,000
Other license taxes$2,220,000
Individual income taxes$1,950,571,000
Corporations net income taxes$110,068,000
Death and gift taxes$0
Documentary and stock transfer taxes$12,036,000
Severance taxes$411,895,000
Taxes, nec$0

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