Financial Accounts of the United States - Z.1
L.228 Taxes Payable by Businesses
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2020 | 2021 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 600.5 | 572.8 | 501.6 | 568.6 | 572.8 | 571.5 | 517.6 | 499.0 | 501.6 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 275.4 | 251.5 | 255.0 | 252.8 | 251.5 | 305.0 | 265.9 | 261.8 | 255.0 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 175.5 | 181.5 | 193.0 | 178.1 | 181.5 | 184.5 | 188.0 | 190.3 | 193.0 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 113.0 | 104.1 | 30.4 | 101.1 | 104.1 | 46.7 | 32.3 | 17.9 | 30.4 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 10.5 | 10.3 | 4.7 | 8.8 | 10.3 | 11.3 | 8.7 | 8.2 | 4.7 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.5 | 7.0 | 4.5 | 6.3 | 7.0 | 6.1 | 5.1 | 5.2 | 4.5 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 9.2 | 8.8 | 7.6 | 9.9 | 8.8 | 8.7 | 8.1 | 6.4 | 7.6 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 6.3 | 6.8 | 3.9 | 8.8 | 6.8 | 6.4 | 6.9 | 6.7 | 3.9 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 3.1 | 2.8 | 2.5 | 2.8 | 2.8 | 2.8 | 2.5 | 2.5 | 2.5 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 631.6 | 674.8 | 662.7 | 708.7 | 674.8 | 731.9 | 626.4 | 656.2 | 662.7 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 435.1 | 473.1 | 457.6 | 507.8 | 473.1 | 529.2 | 422.5 | 451.4 | 457.6 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 196.5 | 201.7 | 205.1 | 200.9 | 201.7 | 202.7 | 203.9 | 204.8 | 205.1 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | -31.1 | -102.0 | -161.1 | -140.1 | -102.0 | -160.4 | -108.8 | -157.3 | -161.1 | 13 |
Last Update: March 9, 2023