Oregon placed 20th in U.S. ranking for corporation net income taxes collected in 2023

Tina Kotek, Governor of Oregon
Tina Kotek, Governor of Oregon - oregon.gov
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In 2023, Oregon collected $1.6 billion in corporation net income taxes, placing it 20th among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked an 8.7% increase from the $1.5 billion generated in the previous year.

For comparison, California topped the national rankings in 2023, collecting $29.9 billion in corporation net income taxes.

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

U.S. Corporation Net Income Taxes by State in 2023
Rank State Amount
1 California $29,936,654,000
2 New York $24,316,578,000
3 Illinois $13,397,965,000
4 New Jersey $8,696,043,000
5 Massachusetts $6,726,019,000
6 Pennsylvania $5,708,628,000
7 Florida $5,522,370,000
8 Minnesota $5,388,169,000
9 Maryland $4,377,258,000
10 Virginia $4,369,396,000
11 Georgia $3,807,573,000
12 Connecticut $3,293,551,000
13 Michigan $3,185,992,000
14 Tennessee $3,156,401,000
15 Wisconsin $2,667,937,000
16 Colorado $2,342,073,000
17 Alabama $2,158,063,000
18 Arizona $1,806,337,000
19 North Carolina $1,640,070,000
20 Oregon $1,618,518,000
21 Kansas $1,561,519,000
22 Utah $1,443,235,000
23 South Carolina $1,356,927,000
24 New Hampshire $1,271,550,000
25 Indiana $1,230,591,000
26 Louisiana $1,223,914,000
27 Kentucky $1,210,388,000
28 Arkansas $1,055,274,000
29 Idaho $1,034,310,000
30 Missouri $911,344,000
31 Iowa $838,062,000
32 Mississippi $818,031,000
33 Oklahoma $774,802,000
34 Nebraska $692,965,000
35 Delaware $571,185,000
36 Maine $451,211,000
37 New Mexico $444,335,000
38 Alaska $444,240,000
39 West Virginia $419,965,000
40 Hawaii $347,800,000
41 North Dakota $324,144,000
42 Montana $307,950,000
43 Vermont $299,607,000
44 Rhode Island $262,600,000
45 South Dakota $48,070,000
46 Ohio $251,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



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