Friday, July 25, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

State general excise tax revenue up 10 percent

By Associated Press

LAST UPDATED: 10:03 a.m. HST, Jun 15, 2013

The state Department of Taxation says general excise tax revenue rose nearly 10 percent during the first 11 months of the current fiscal year.

The department said Friday the state had $2.7 billion in general excise tax receipts from July 2012 through the end of May. That compares to $2.5 billion for the same 11 months the previous fiscal year.

The tax on hotel rooms and other short-term accommodations brought in $339 million during the period, up 13 percent from the previous fiscal year.

Individual income tax receipts rose 14 percent.

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
Breaking News