Quarterly Business Review

4th Quarter, 1998


 
TABLE 2: SUMMARY OF EXCISE TAX RETURNS

AMOUNTS REPORTED BY TAX LINE

4TH QUARTER, 1998 ($000)

STATE BUSINESS AND OCCUPATION TAX

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

1

Extracting, Ext. for Hire

16

$392,299

$19,150

$373,148

0.00484

$1,806

2

Processing Meat-Whlse,

30

890,211

77,434

812,777

0.00138

1,122

Mfg. Wheat into Flour,

Raw Seafood, Soybean

and Canola Processing

3

Travel Agent Commissions;

28

438,394

44,497

393,896

0.00275

1,083

Intl Charter Freight

Brokers and Stevedoring

4

Insurance Agents/Brokers

14

351,615

17,584

334,032

0.00484

1,651

5

Manufacturing Fresh Fruit

21

554,234

41,637

512,597

0.00138

709

and Vegetables; Splitting

or Processing Dried Peas

6

Processing for Hire/

10

936,572

48,109

888,463

0.00484

4,300

Printing and Publishing

7

Manufacturing

07

9,146,422

230,957

8,915,465

0.00484

43,151

8

Royalties; Child Care

80

149,113

4,563

144,550

0.00484

699

9

Wholesaling

03

39,116,222

10,054,862

29,061,360

0.00484

140,660

10

Warehousing, Radio and

11

1,043,625

177,229

866,396

0.00484

4,193

TV Broadcasting; Public

Road Construction/

Government Contracting

11

Public or Nonprofit

55

845,775

190,287

655,488

0.015

9,832

Hospitals

12

Cleanup of Radioactive

83

304,843

375

304,468

0.00471

1,434

Waste for U.S. Gov't;

Environmental Remedial

Action

13

Service & Other

04

13,985,052

3,337,697

10,647,355

0.015

160,450

Activities

14

Retailing of Interstate

19

846,822

52,022

794,800

0.00484

3,847

Transportation Equipment

15

Retailing

02

29,611,703

4,530,504

25,081,199

0.00471

118,133

Annual Returns, Tax Lines

06, 15, 18, 29, 58, 72

367,375

219,125

148,250

2,550

B&O TOTALS

98,980,277

19,046,034

79,934,243

495,621

TABLE 2, CONTINUED

4TH QUARTER, 1998 ($000)

STATE SALES TAX AND USE TAX

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*

16

Retail Sales Tax

01

$29,780,868

$9,737,360

$20,043,507

0.065

$1,302,830

17

Use Tax

05

870,884

0

870,884

0.065

56,608

STATE PUBLIC UTILITY TAX

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

42

Water Distribution

60

$134,444

$9,085

$125,359

0.05029

$6,288

43

Sewer Collection

61

82,659

30,911

51,748

0.03852

1,993

44

Power

49

1,176,258

271,178

905,080

0.03873

35,054

45

Gas Dist., Telegraph

26

220,713

3,689

217,025

0.03852

8,359

46

Motor Transportation,

08

1,360,371

1,129,719

230,652

0.01926

4,389

Railroad, Railroad Car

47

Urban Transportation/

12

108,458

15,904

92,554

0.00642

585

Vessels Under 65 Feet

48

Other Public Service

13

110,821

79,492

31,330

0.01926

600

PUBLIC UTILITY TAX TOTALS

3,193,725

1,539,977

1,653,748

57,267

OTHER TAXES

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

49

Tobacco Products

20

$9,865

$2,216

$7,649

0.749

$5,729

50

Refuse Collection

64

207,625

48,432

159,192

0.036

5,731

51

Petroleum Tax

57

14,545

0

14,545

0.005

72

52

Hazardous Substance

65

1,267,222

104,717

1,162,504

0.007

8,138

53

Litter Tax

36

32,424,590

0

32,424,590

0.00015

4,864

55

Syrup Tax

54

1.00

2,337

TOTAL OTHER TAXES

26,870

TOTAL STATE TAXES**

$1,939,196

* Reflects reported tax liability prior to any applicable tax credits.

** Does not include $27,767,000 in retail sales and use tax collected by county auditors and the Department of Licensing.

NOTE: City, county and transit sales/use tax is reported in the Local Tax Distributions report.