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Illinois collected $76.9 million in documentarty and stock transfer taxes in 2020.
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 sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
Illinois Tax Collections 2021 vs. 2020
Type of Tax | 2021 amount | 2020 amount |
---|---|---|
Hunting and fishing license | $39,783,000 | $40,719,000 |
Alcoholic beverages sales tax | $312,101,000 | $302,685,000 |
Death and gift taxes | $478,611,000 | $301,768,000 |
Alcoholic beverages license | $16,706,000 | $12,647,000 |
Amusements sales tax | $881,505,000 | $797,775,000 |
Occupation and business license, NEC | $589,448,000 | $426,818,000 |
Individual income taxes | $21,870,696,000 | $17,956,356,000 |
Corporations in general license | $401,332,000 | $311,797,000 |
Motor fuels sales tax | $2,383,666,000 | $1,803,859,000 |
Selective sales and gross receipts taxes | $10,056,980,000 | $8,788,858,000 |
Public utilities license | $12,897,000 | $11,823,000 |
Other selective sales and gross receipts taxes | $3,765,186,000 | $3,384,648,000 |
Corporations net income taxes | $5,729,501,000 | $3,491,688,000 |
Insurance premiums sales tax | $513,239,000 | $392,704,000 |
Pari-mutuels sales tax | $7,811,000 | $6,122,000 |
Motor vehicle license | $2,443,924,000 | $1,764,038,000 |
Documentarty and stock transfer taxes | $88,379,000 | $76,935,000 |
Tobacco products sales tax | $917,043,000 | $730,407,000 |
Other license taxes | $32,182,000 | $35,517,000 |
Motor vehicle operators license | $209,309,000 | $127,569,000 |
General sales and gross receipts taxes | $13,429,355,000 | $11,861,155,000 |
Amusements license | $73,270,000 | $17,348,000 |
Public utilities sales tax | $1,276,429,000 | $1,370,658,000 |