State Tax Collections: T50 Death and Gift Taxes for Alabama
QTAXT50QTAXCAT3ALNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 4/1/2025
Summary
This series tracks state tax collections for death and gift taxes in Alabama. It provides insights into the fiscal health and revenue sources of the state government.
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: T50 Death and Gift Taxes for Alabama series measures the revenue generated by Alabama's estate and gift taxes. This data is used by policymakers, economists, and analysts to understand the state's tax structure and fiscal position.
Methodology
The data is collected directly from the Alabama Department of Revenue.
Historical Context
This trend is relevant for assessing Alabama's tax policies and their impact on state budgets and economic conditions.
Key Facts
- Alabama collects both estate taxes and gift taxes.
- Death and gift tax revenues account for a small portion of Alabama's total tax collections.
- Tax rates and exemption levels have changed over time in Alabama.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue collected by the state of Alabama through estate taxes and gift taxes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Alabama's tax structure and fiscal position, which is relevant for policymakers, economists, and others analyzing the state's economic and fiscal conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from the Alabama Department of Revenue.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, analysts, and economists to assess Alabama's tax policies and their impact on state budgets and the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and practices of the Alabama Department of Revenue.
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Citation
U.S. Federal Reserve, State Tax Collections: T50 Death and Gift Taxes for Alabama (QTAXT50QTAXCAT3ALNO), retrieved from FRED.