FRB: Z.1 Release--F.226--Taxes Payable by Businesses--March 8, 2012

F.226 Taxes Payable by Businesses
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description	2007	2008	2009	2010	2011	2010 Q3	2010 Q4	2011 Q1	2011 Q2	2011 Q3	2011 Q4	Line
All sectors; taxes payable; liability	-69.3	-123.8	-3.4	11.2	20.3	28.4	33.0	62.7	-32.2	-6.2	56.7	1
Nonfinancial corporate business; taxes payable; liability	-49.6	3.1	-3.3	3.4	9.1	0.6	9.5	29.6	-26.2	9.4	23.6	2
Nonfinancial noncorporate business; taxes payable; liability	3.8	6.7	-6.3	-5.2	0.9	-4.7	-0.8	-0.1	0.5	1.4	1.9	3
U.S.-chartered commercial banks; taxes payable (net); liability	-13.6	-85.7	7.1	6.9	10.2	-0.9	16.8	16.9	20.8	13.3	-10.3	4
Savings institutions; taxes payable; liability	-2.0	-0.3	0.3	-0.3	0.3	-0.5	0.2	1.9	-2.4	0.3	1.5	5
Property-casualty insurance companies; taxes payable (net); liability	-2.4	-28.1	5.3	5.6	-3.9	13.6	22.2	8.8	-20.7	-25.1	21.3	6
Life insurance companies; taxes payable (net); liability	-3.4	-19.7	-7.0	2.6	5.2	11.7	-4.5	3.8	-4.8	-4.9	26.6	7
Finance companies; taxes payable; liability	-1.5	-0.1	-2.8	0.3	0.0	0.6	0.5	-0.5	0.1	2.0	-1.6	8
Security brokers and dealers; taxes payable; liability	-0.6	0.3	3.2	-2.1	-1.5	8.0	-10.9	2.3	0.4	-2.6	-6.3	9
All sectors; taxes receivable; asset	-32.7	-59.8	38.2	69.3	74.9	73.9	94.4	87.4	41.4	129.3	41.5	10
State and local governments, excluding employee retirement funds; taxes receivable; asset	2.7	2.2	-4.8	6.7	11.2	7.4	10.3	8.7	13.1	10.1	13.0	11
Federal government; taxes receivable; asset	-35.5	-61.9	43.0	62.5	63.7	66.5	84.2	78.7	28.3	119.2	28.5	12
Instrument discrepancies; taxes receivable	-36.5	-64.0	-41.6	-58.0	-54.6	-45.4	-61.5	-24.7	-73.6	-135.5	15.2	13