State Tax Collections: T29 Other License Taxes for Nevada
QTAXT29QTAXCAT3NVNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T29 Other License Taxes for Nevada' series measures state-level revenue from a range of miscellaneous license fees in Nevada. This data provides insights into Nevada's tax structure and fiscal health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'State Tax Collections: T29 Other License Taxes for Nevada' series tracks revenue from a variety of state-administered licenses and permits in Nevada, including occupational fees, professional registrations, and other regulatory charges. This data is used by economists and policymakers to analyze Nevada's tax system and overall economic conditions.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
Trends in this series can inform economic and fiscal policy decisions at the state level.
Key Facts
- Nevada has no personal or corporate income tax.
- License fees contribute a significant portion of Nevada's state revenue.
- The 'Other License Taxes' category includes a range of regulatory charges.
FAQs
Q: What does this economic trend measure?
A: The 'State Tax Collections: T29 Other License Taxes for Nevada' series tracks revenue from various state-administered licenses and permits in Nevada, including occupational fees, professional registrations, and other regulatory charges.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Nevada's tax structure and fiscal health, which is relevant for economists, policymakers, and anyone interested in the state's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in this series can inform economic and fiscal policy decisions at the state level in Nevada.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a delay of several months before the latest information is available.
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Citation
U.S. Federal Reserve, State Tax Collections: T29 Other License Taxes for Nevada (QTAXT29QTAXCAT3NVNO), retrieved from FRED.