Hawaii’s sales and gross receipts tax revenue down 8.9% in Q2 compared to previous quarter

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 $1.5 billion in sales and gross receipts taxes during the second quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents an 8.9% decrease from the previous quarter, when sales and gross receipts tax revenue was $1.7 billion.

Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities, and tobacco products.

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 Q2.

Q2 2024 Hawaii Tax Collections
Type of Tax Amount (millions)
Income Taxes $1,364
License Taxes $86
Other Taxes $36
Sales and Gross Receipts Taxes $1,509

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



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