Taxes News
Alabama's license tax revenue up 3% in Q2 compared to same quarter of the previous year
Alabama collected $276 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Higher individual income tax revenue in Alabama during Q2
The second quarter of 2024 brought in $1.5 billion in individual income tax revenue for Alabama, a 23.6% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.