Financial Accounts of the United States - Z.1
F.228 Taxes Payable by Businesses
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | 276.4 | -4.8 | 2.9 | -9.2 | -67.3 | 70.0 | 18.0 | 27.4 | 238.2 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | 211.1 | -10.6 | -15.5 | -8.0 | -73.8 | 30.1 | -10.3 | 43.2 | 145.6 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 4.6 | 6.4 | 5.5 | 5.3 | 4.7 | 6.3 | 5.6 | 24.8 | 70.6 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178003 | 32.6 | 5.4 | 14.5 | -16.8 | 13.8 | 40.8 | 20.4 | -67.0 | 9.9 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | 5.7 | -0.8 | -0.3 | 4.1 | -5.7 | -3.6 | 3.9 | 10.6 | 1.1 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 2.5 | -2.9 | 0.4 | 2.7 | -3.9 | -0.8 | 3.6 | 10.1 | 4.9 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | 9.6 | -2.9 | -0.3 | 0.8 | -1.8 | -1.7 | 1.4 | 0.3 | -2.4 | 7 |
| Security brokers and dealers; total taxes payable; liability | FA663178005 | 10.3 | 0.5 | -1.4 | 2.6 | -0.7 | -1.1 | -6.6 | 5.3 | 8.5 | 8 |
| All sectors; taxes receivable; asset | FA893078005 | 225.5 | 22.3 | -15.4 | -3.8 | -39.1 | -50.0 | 31.3 | -29.6 | 373.5 | 9 |
| Federal government; total taxes receivable; asset | FA313078000 | 220.4 | 15.9 | -20.9 | -7.1 | -41.8 | -58.2 | 23.5 | -51.8 | 305.5 | 10 |
| State and local governments; taxes receivable; asset | FA213078005 | 5.0 | 6.4 | 5.5 | 3.3 | 2.6 | 8.2 | 7.7 | 22.2 | 68.0 | 11 |
| Instrument discrepancies; taxes receivable | FA903078005 | 51.0 | -27.1 | 18.3 | -5.4 | -28.2 | 120.0 | -13.2 | 57.0 | -135.3 | 12 |
Last Update: September 21, 2020