Financial Accounts of the United States - Z.1
L.231 Taxes Payable by Businesses
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 598.1 | 561.2 | 586.3 | 548 | 561.2 | 596.6 | 554.3 | 564.4 | 586.3 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 249.8 | 277.5 | 271.3 | 280.3 | 277.5 | 309 | 268.6 | 274.1 | 271.3 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 202.3 | 213.7 | 219.7 | 211 | 213.7 | 215.4 | 218.2 | 219.3 | 219.7 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 104.1 | 30.4 | 56.7 | 17.9 | 30.4 | 31.7 | 29.3 | 30.8 | 56.7 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 10.3 | 10.5 | 7.5 | 8.2 | 10.5 | 10.7 | 9.1 | 9.3 | 7.5 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.2 | 6 | 6.2 | 5.3 | 6 | 6.5 | 5.7 | 6.6 | 6.2 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 14.9 | 16.7 | 18.9 | 16 | 16.7 | 16.4 | 16.5 | 17.1 | 18.9 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 6.8 | 3.9 | 4 | 6.7 | 3.9 | 4.4 | 5 | 5.3 | 4 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 2.8 | 2.5 | 1.9 | 2.5 | 2.5 | 2.5 | 1.9 | 1.9 | 1.9 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 685.9 | 668 | 590.1 | 669.6 | 668 | 740.5 | 676.6 | 646.4 | 590.1 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 476.5 | 447.1 | 363.8 | 451.4 | 447.1 | 517.8 | 451.2 | 419.4 | 363.8 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 209.5 | 220.9 | 226.3 | 218.2 | 220.9 | 222.6 | 225.4 | 227 | 226.3 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | -87.8 | -106.8 | -3.9 | -121.6 | -106.8 | -143.9 | -122.3 | -82 | -3.9 | 13 |
Last Update: March 7, 2024