State Tax Collections: T20 Alcoholic Beverages License for Tennessee
QTAXT20QTAXCAT3TNNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the quarterly tax collections from alcoholic beverages licenses in the state of Tennessee. It provides insight into the fiscal health and regulatory environment of the state's alcohol industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T20 Alcoholic Beverages License for Tennessee series tracks the revenue generated by the state government through taxes and fees associated with licenses for the sale and distribution of alcoholic beverages. This data is used by economists and policymakers to analyze the economic activity and regulatory trends in Tennessee's alcohol market.
Methodology
The data is collected and reported quarterly by the Tennessee Department of Revenue.
Historical Context
This trend is relevant for understanding the overall tax revenue and regulatory dynamics in Tennessee's alcohol industry, which can inform economic and fiscal policy decisions.
Key Facts
- Tennessee collected $17.2 million in alcoholic beverages license taxes in Q4 2022.
- Alcoholic beverages license taxes account for approximately 2% of Tennessee's total state tax revenue.
- The state's alcoholic beverages license tax rate has remained stable at 15% since 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax collections from alcoholic beverages licenses in the state of Tennessee. It provides insight into the fiscal health and regulatory environment of the state's alcohol industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the overall tax revenue and regulatory dynamics in Tennessee's alcohol industry, which can inform economic and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the Tennessee Department of Revenue.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the economic activity and regulatory trends in Tennessee's alcohol market, which can inform decisions around taxation, licensing, and industry oversight.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a delay of up to 3 months between the end of the reporting period and the publication of the data.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Tennessee (QTAXT20QTAXCAT3TNNO), retrieved from FRED.