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Thursday, November 21, 2024

Q3 2023: Oregon's combined tax revenues up 10.3% since Q2 2023

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Betsy Imholt​​​ Director of Oregon Department of Revenue | Oregon Department of Revenue

Betsy Imholt​​​ Director of Oregon Department of Revenue | Oregon Department of Revenue

Oregon collected $5 billion in total tax revenues during the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

These tax revenues stem from various sources, including property tax, sales and gross receipts tax, licenses, income tax, and miscellaneous tax.

The majority of the state’s tax revenue was collected through income taxes ($3.9 billion) and alcoholic beverages license ($557 million).

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 that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q3 2023 Oregon Tax Collections
Type of TaxAmount (millions)
Income Taxes$3,906
License Taxes$557
Sales and Gross Receipts Taxes$443
Other Taxes$81
Property Taxes$5

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