Hawaii’s combined tax revenues up 1.3% from Q2 to Q3 2024

Gary S. Suganuma Tax Commissioner at Hawaii Department of Taxation Hawaii Department of Taxation
Gary S. Suganuma Tax Commissioner at Hawaii Department of Taxation - Hawaii Department of Taxation
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Combined tax revenues in Hawaii increased 1.3% in the third quarter of 2024 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Hawaii collected $3 billion in taxes during the third quarter of 2024, compared to $3 billion in the previous quarter.

The majority of the state’s tax revenue was collected through general sales and gross receipts taxes ($1.6 billion) and income taxes ($937 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 Hawaii Tax Collections
Type of Tax Amount (millions)
Sales and Gross Receipts Taxes $1,628
Income Taxes $937
Other Taxes $376
License Taxes $93

Source: U.S. Census Bureau



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