Business Tax Incidence Graphs — B&O Tax vs. Margin Tax by Industry and Firm Size (Tax Year 2021)

Summary

Business Tax Incidence Graphs comparing the Business and Occupation (B&O) Tax with the Margin Tax by industry and firm size. The graphs show tax as a share of gross income for Tax Year 2021. The industries are listed by NAICS and include Finance/Insurance, Real Estate/Rental and Leasing, Utilities, Health Care and Social Assistance, Retail Trade, Wholesale Trade and Manufacturing. The firm income size groups are less than $5 million, between $5 million and $10 million, and greater than $10 million, with further graphs for businesses with gross income below $5 million.

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Business Tax Incidence
Graphs

Comparison of Business and Occupation (B&O) Tax
vs. Margin Tax by Industry and Firm Size
Industry by NAICS

Finance/Insurance, Real Estate/Rental and Leasing

Utilities

Health Care and Social Assistance

Information

Arts, Entertainment, and Recreation

Professional, Scientific and Technical Services

Mgmt of Companies, Adm/Support, Waste Mgmt/Remediation Services
Educational Services

Other Services, Public Administration

Transportation and Warehousing

Accommodation and Food Services

Construction

Ag/Forest/Fish/Hunt, Mining/Quarrying/Oil and Gas Extracting
Retail Trade

Wholesale Trade

Manufacturing

0.00%

Tax as a Share of Gross Income
Industry by NAICS (Tax Year 2021)

A e
A e
A *
*
A e
A ®
&
e A
Ae
e
a
A *
e A
0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40%

@B&OTax A Margin Tax

1.60%

1.80%
Firm Income Size

Less than $5 million
Between $5 million and $10 million
Greater than $10 million

0.00%

0.20%

Tax as a Share of Gross Income
Firm Income Size (Tax Year 2021)

A
@ a

0.40% 0.60% 0.80% 1.00%

@ B&O Tax A Margin Tax

1.20%

1.40%
Businesses with Gross Income Below $5 Million

Tax as a Share of Gross Income
Businesses with Gross Income Below $5 Million (Tax Year 2021)

Educational Services
Information A e
Health Care and Social Assistance A e
Utilities A e
Professional, Scientific and Technical Services A e
Finance/Insurance, Real Estate/Rental and Leasing A e
Mgmt of Companies, Adm/Support, Waste Mgmt/Remediation Services A e
Other Services, Public Administration A e
Arts, Entertainment, and Recreation Ae
Transportation and Warehousing e A
Ag/Forest/Fish/Hunt, Mining/Quarrying/Oil and Gas Extracting e A
Retail Trade A ©
Accommodation and Food Services e
Construction ea
Wholesale Trade a“,
Manufacturing e A

0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% 2.00%

@B&OTax AMargin Tax
Businesses with Gross Income Between $5 and $10 million

Educational Services

Utilities

Health Care and Social Assistance

Finance/Insurance, Real Estate/Rental and Leasing
Professional, Scientific and Technical Services

Mgmt of Companies, Adm/Support, Waste Mgmt/Remediation Services
Arts, Entertainment, and Recreation

Information

Other Services, Public Administration

Transportation and Warehousing

Accommodation and Food Services

Ag/Forest/Fish/Hunt, Mining/Quarrying/Oil and Gas Extracting
Construction

Retail Trade

Wholesale Trade

Manufacturing

0.00%

Tax as a Share of Gross Income
Businesses with Gross Income Between $5 million and $10 million (Tax Year 2021)

A e
e A
A e
A e
e A
e A
eA
e A
e A
e A
e A
e A
A @

e A

0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80%

2.00%
Businesses with Gross Income Above $10 Million

Tax as a Share of Gross Income
Businesses with Gross Income Above $10 Million (Tax Year 2021)

Educational Services
Finance/Insurance, Real Estate/Rental and Leasing A e
Utilities A e
Arts, Entertainment, and Recreation e A
Health Care and Social Assistance A e
Information @Aa
Mgmt of Companies, Adm/Support, Waste Mgmt/Remediation Services e A
Professional, Scientific and Technical Services A e
Other Services, Public Administration A @®
Accommodation and Food Services e A
Transportation and Warehousing e A
Construction A @
Retail Trade a
Wholesale Trade A e
Ag/Forest/Fish/Hunt, Mining/Quarrying/Oil and Gas Extracting e A
Manufacturing e A

0.00% 0.50% 1.00% 1.50% 2.00% 2.50%

@B&OTax A Margin Tax


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