F.228 Taxes Payable by Businesses
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2022 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 Line
All sectors; taxes payable; liability FA893178005 14.1 -27.6 -71.3 3.8 21.5 -32.2 -166.6 -99.2 13.0 1
Nonfinancial corporate business; total taxes payable; liability FA103178005 7.7 -23.9 3.5 -12.4 4.0 164.0 -106.1 -26.0 -17.9 2
Nonfinancial noncorporate business; taxes payable; liability FA113178003 13.1 6.1 11.5 1.8 13.5 11.8 14.1 9.2 10.8 3
U.S.-chartered depository institutions; total taxes payable (net); liability FA763178000 -11.2 -8.9 -73.7 9.9 7.5 -206.2 -59.2 -72.8 43.3 4
Property-casualty insurance companies; total taxes payable; liability FA513178005 0.7 -0.2 -5.5 -3.2 6.1 4.0 -10.3 -2.0 -13.9 5
Life insurance companies, general accounts; total taxes payable; liability FA543178075 1.1 -0.5 -2.5 -0.3 2.9 -3.6 -4.0 0.3 -2.7 6
Finance companies; total taxes payable; liability FA613178005 0.1 -0.3 -1.2 3.5 -4.3 -0.7 -2.1 -6.9 4.7 7
Security brokers and dealers; taxes payable; liability FA663178003 3.0 0.5 -2.9 4.4 -8.2 -1.5 2.2 -0.9 -11.4 8
Holding companies; taxes payable, tax on foreign earnings retained abroad; liability FA733178013 -0.3 -0.3 -0.3 0.0 0.0 0.0 -1.3 0.0 0.0 9
All sectors; taxes receivable; asset FA893078005 4.5 -130.9 -78.3 -174.1 -22.8 18.7 -257.8 -130.7 56.6 10
Federal government; total taxes receivable; asset FA313078000 -12.2 -137.2 -88.5 -178.9 -39.7 10.8 -268.3 -142.4 45.8 11
State and local governments; taxes receivable; asset FA213078005 16.7 6.3 10.3 4.8 16.9 7.9 10.6 11.7 10.9 12
Instrument discrepancies; taxes receivable FA903078005 9.6 103.2 7.0 177.9 44.3 -50.9 91.1 31.5 -43.7 13
Last Update: March 9, 2023