TABLE 2: SUMMARY OF EXCISE TAX RETURNS
AMOUNTS REPORTED BY TAX LINE
1ST QUARTER, 1996 ($000)
STATE BUSINESS AND OCCUPATION TAX
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LINE Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
NO. TAX CLASSIFICATION CODE GROSS AMOUNT DEDUCTIONS TAXABLE AMOUNT RATE TAX DUE
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1 Extracting, Ext. for Hire 16 $464,670 $12,564 $452,106 .00506 $2,288
2 Processing Meat-Whlse, 30 705,807 43,432 662,376 .00144 954
Mfg. Wheat into Flour,
Raw Seafood, Soybean
and Canola Processing
4 Travel Agent Commissions/ 28 85,527 901 84,626 .00287 243
Processing Dried Peas
5 Intl Charter Freight 18 188,272 22,336 165,936 .00379 629
Brokers and Stevedoring
6 Insurance Agents/Brokers 14 216,133 953 215,180 .00575 1,237
7 Manufacturing Fresh Fruit 21 514,291 16,394 497,897 .00345 1,718
and Vegetables
8 Processing for Hire/ 10 746,721 16,107 730,615 .00506 3,697
Printing and Publishing
9 Manufacturing - Other 07 8,203,833 226,214 7,977,618 .00506 40,364
(Including Aluminum)
10 Wholesaling Wheat, Oats, 15 763,855 116,950 646,906 .00011 71
Corn, Barley, etc.
11 Internal Distribution - 06 239,571 0 239,571 .00506 1,212
2 or More Outlets
12 Wholesaling - Other 03 23,584,803 6,920,152 16,664,651 .00506 84,323
(Including Cigarettes)
14 Warehousing, Radio and 11 714,303 107,952 606,351 .00506 3,068
TV Broadcasting, Public
Road Construction/
Government Contracting
15 Public or Nonprofit 55 751,341 169,805 581,536 .015 8,723
Hospitals
16 Selected Business 58 1,758,927 176,269 1,582,658 .02 31,654
Services
17 Financial Business 72 2,363,223 875,759 1,487,464 .016 23,799
Services
18 Service & Other 04 5,905,124 1,007,528 4,897,596 .01829 89,577
Activities
19 Retailing of Interstate 19 638,779 54,965 583,813 .00506 2,954
Transportation Equipment
20 Retailing 02 21,038,438 2,457,219 18,581,219 .00471 87,518
B&O TOTALS 68,883,620 12,225,499 56,658,121 384,030
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TABLE 2, CONTINUED
1ST QUARTER, 1996 ($000)
STATE SALES TAX AND USE TAX
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LINE Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
NO. TAX CLASSIFICATION CODE GROSS AMOUNT DEDUCTIONS TAXABLE AMOUNT RATE TAX DUE*
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21 Retail Sales Tax 01 $21,130,161 $6,855,242 $14,274,919 .065 $927,856
22 Use Tax 05 749,787 0 749,787 .065 48,737
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STATE PUBLIC UTILITY TAX
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LINE Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
NO. TAX CLASSIFICATION CODE GROSS AMOUNT DEDUCTIONS TAXABLE AMOUNT RATE TAX DUE
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54 Water Distribution 60 $92,178 $4,272 $87,906 .05029 $4,421
55 Sewer Collection 61 80,948 43,140 37,807 .03852 1,456
56 Railroad, Express, 09 5,463 3,513 1,950 .03852 75
Car Company
57 Power 49 1,110,408 139,352 971,055 .03873 37,609
58 Gas Dist., Telegraph 26 262,550 273 262,277 .03852 10,103
59 Motor Transportation 08 639,052 499,634 139,418 .01926 2,683
60 Urban Transportation/ 12 80,446 20,470 59,976 .00642 385
Vessels Under 65 Feet
61 Other Public Service 13 180,601 135,523 45,078 .01926 868
PUBLIC UTILITY TAX TOTALS 2,451,647 846,178 1,605,469 57,600
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OTHER TAXES
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LINE Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
NO. TAX CLASSIFICATION CODE GROSS AMOUNT DEDUCTIONS TAXABLE AMOUNT RATE TAX DUE
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62 Tobacco Products 20 $8,158 $1,840 $6,317 .7490 $4,732
63 Refuse Collection 64 189,125 52,968 136,157 .036 4,902
64 Petroleum Tax 57 0 0 0 .005 0
65 Hazardous Substance 65 1,730,333 200,722 1,529,611 .007 10,707
66 Litter Tax 36 31,733 0 31,733 .00015 5
68 Syrup Tax 54 Gallons 1.00 1,911
TOTAL OTHER TAXES 22,256
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TOTAL STATE TAXES** $1,440,478
* Reflects reported tax liability prior to any applicable tax credits.
** Does not include $21,595,000 in use taxes collected by county auditors and $4,477,000 in sales taxes collected by the Department of Licensing.
NOTE: City, county an
d transit sales/use tax is reported in the "Local Tax Distributions" report.
Average effective business tax rate, excluding retail sales/use tax, for all sources reported on the combined excise tax return = 0.65
percent (tax due amount (except sales/use) / gross amount for B&O and public utility taxes).