FRB: Z.1 Release--F.226--Taxes Payable by Businesses--March 7, 2013

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

Description	2008	2009	2010	2011	2012	2011 Q3	2011 Q4	2012 Q1	2012 Q2	2012 Q3	2012 Q4	Line
All sectors; taxes payable; liability	-123.8	-3.4	18.9	19.6	17.3	5.2	36.3	17.2	20.9	23.0	8.1	1
Nonfinancial corporate business; taxes payable; liability	3.1	-3.3	7.2	7.9	-0.6	20.5	1.7	-5.5	19.0	-15.5	-0.2	2
Nonfinancial noncorporate business; taxes payable; liability	6.7	-6.3	-0.7	1.1	1.7	0.4	1.3	0.8	0.9	0.7	4.2	3
U.S.-chartered depository institutions; taxes payable (net); liability	-86.0	7.3	6.6	10.6	6.9	13.6	-8.5	7.7	9.1	16.3	-5.5	4
Property-casualty insurance companies; taxes payable (net); liability	-28.1	5.3	5.6	-4.4	5.5	-25.1	19.3	26.0	-20.7	17.9	-1.4	5
Life insurance companies; taxes payable (net); liability	-19.7	-7.0	2.6	5.2	3.2	-4.9	26.6	-14.8	13.9	0.9	12.9	6
Finance companies; taxes payable; liability	-0.1	-2.8	-0.2	0.4	0.1	3.3	0.5	1.2	-0.8	-0.6	0.5	7
Security brokers and dealers; taxes payable; liability	0.3	3.2	-2.1	-1.1	0.5	-2.6	-4.6	1.8	-0.6	3.3	-2.4	8
All sectors; taxes receivable; asset	-59.8	29.2	29.9	36.5	47.6	62.7	-2.1	81.5	25.4	48.4	35.2	9
State and local governments, excluding employee retirement funds; taxes receivable; asset	2.2	-6.7	-2.2	6.9	8.9	7.5	7.0	12.4	5.4	10.2	7.8	10
Federal government; taxes receivable; asset	-61.9	35.9	32.2	29.7	38.7	55.2	-9.1	69.1	20.0	38.2	27.4	11
Instrument discrepancies; taxes receivable	-64.0	-32.6	-11.0	-17.0	-30.3	-57.5	38.4	-64.3	-4.5	-25.3	-27.1	12