Wyoming’s license tax revenue down 24.6% in Q4 compared to previous quarter

Director Brenda Henson - Wyoming Department of Revenue
Director Brenda Henson - Wyoming Department of Revenue
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Wyoming collected $49 million in license taxes during the fourth quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 24.6% decrease from the previous quarter, when license tax revenue was $65 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, Wyoming collected $623 million in combined tax revenues in Q4.

Q4 Wyoming Tax Collections
Type of Tax Amount (millions)
Sales and Gross Receipts Taxes $313
Property Taxes $141
Other Taxes $117
License Taxes $49

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



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