Hawaii’s license tax revenue up 40.9% in Q3 compared to same quarter of previous year

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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Hawaii collected $93 million in license taxes during the third quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 40.9% increase over the same quarter the previous year, when license tax revenue was $66 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 state governments.

Overall, Hawaii collected $3 billion in combined tax revenues in Q3.

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

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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