For Immediate Release: December 9, 2010
TENNESSEE DEPARTMENT OF REVENUE PROVIDES ANALYSIS
OF NOVEMBER 2010 COLLECTIONS
NASHVILLE - November 2010 collections of the Tennessee Department of Revenue were $732,048,634, an increase of $23,875,581 or 3.4 percent from November 2009 collections.
Sales and use tax collections totaled $515,404,546, an increase of $21,759,283 or 4.4 percent from November 2009 collections.
Collections from the retail trade group increased 4.7 percent. Items with significant changes include:
Collections from the service group increased 4.1 percent from November 2009. The biggest contributors to the increase were automotive repair, service & parking (8.0 percent) and business services (5.0 percent).
Collections from the non-retail, non-services group increased 1.7 percent led by gains in wholesale trade (12.0 percent), electric, gas & sanitary services (18.2 percent) and manufacturing (12.1 percent); meanwhile communications fell (17.2 percent).
Consumer use tax collections were $200,451, a decrease of $183,171 or 47.7 percent from November 2009.
Flood relief tax rebate was $234,111 for November 2010 for taxpayers affected.
Franchise and excise tax collections were $37,688,812, a decrease of $4,646,439 or 11.0 percent compared to the collection in November 2009. Separately, franchise tax collections were $11,122,400, a decrease of $11,569,976 or 51.0 percent from last November. Excise tax collections were $26,566,412, an increase of $6,923,537 or 35.3 percent from November 2009.
Gasoline tax collections were $55,855,856, an increase of $7,192,407 or 14.8 percent compared to November 2009 collections.
Business tax collections were $3,786,107, an increase of $2,387,404 or 170.7 percent compared to November 2009 collections.
Motor vehicle fuel tax collections were $15,234,913, an increase of $1,831,197 or 13.7 percent compared to November 2009 collections.
Privilege tax collections were $13,812,190, a decrease of $2,033,228 or 12.8 percent compared to November 2009.
Tobacco collections were $23,856,438, a decrease of $3,908,936 or 14.1 percent compared to November 2009.
The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws established by the legislature and the collection of taxes and fees associated with those laws. The Department of Revenue collects approximately 91 percent of total state tax revenue. During the 2009-2010 fiscal year, the department collected $10.1 billion in state taxes and fees. In addition to collecting state taxes, the Department of Revenue collects taxes for local, county and municipal governments. During the 2009-2010 fiscal year, local government collections by the Department of Revenue exceeded $1.9 billion. In collecting taxes, the department enforces the revenue laws fairly and impartially in an effort to encourage voluntary taxpayer compliance. The department also apportions revenue collections for distribution to the various state funds and local units of government. To learn more about the department, log on to www.TN.gov/revenue.