Palmetto State News

In 2021, South Carolina collected $740.2 million in corporations net income taxes, ranking it 27th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

Rank	State	Amount
1	California	$26,097,277,000
2	New Jersey	$5,959,760,000
3	Illinois	$5,729,501,000
4	New York	$4,954,149,000
5	Pennsylvania	$4,045,313,000
6	Massachusetts	$3,672,995,000
7	Florida	$3,407,190,000
8	Connecticut	$2,607,064,000
9	Tennessee	$2,564,458,000
10	Wisconsin	$2,517,169,000
11	Minnesota	$2,423,383,000
12	Maryland	$1,840,705,000
13	Georgia	$1,750,735,000
14	Virginia	$1,579,303,000
15	North Carolina	$1,515,650,000
16	Michigan	$1,496,498,000
17	Indiana	$1,385,158,000
18	Colorado	$1,278,046,000
19	Oregon	$1,223,523,000
20	Alabama	$1,134,256,000
21	New Hampshire	$1,009,975,000
22	Kentucky	$926,075,000
23	Arizona	$905,953,000
24	District of Columbia	$863,057,000
25	Iowa	$793,641,000
26	Utah	$745,673,000
27	South Carolina	$740,197,000
28	Kansas	$727,435,000
29	Missouri	$686,857,000
30	Arkansas	$618,457,000
31	Oklahoma	$601,224,000
32	Louisiana	$587,747,000
33	Nebraska	$571,220,000
34	Mississippi	$550,199,000
35	Idaho	$351,479,000
36	Delaware	$334,805,000
37	West Virginia	$320,487,000
38	Maine	$284,317,000
39	Montana	$268,444,000
40	Rhode Island	$257,943,000
41	Hawaii	$191,426,000
42	Vermont	$166,841,000
43	North Dakota	$155,458,000
44	New Mexico	$152,728,000
45	Alaska	$124,987,000
46	South Dakota	$53,960,000
47	Ohio	$5,955,000

Source: U.S. Census Bureau