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 | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 586.3 | 594.9 | 565.7 | 527.1 | 566.9 | 524.3 | 512.8 | 527.1 | 561.2 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 267.7 | 275.4 | 249.8 | 279.2 | 306.0 | 277.7 | 280.7 | 279.2 | 308.7 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 162.4 | 170.0 | 176.0 | 187.5 | 179.0 | 182.5 | 184.8 | 187.5 | 189.2 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 124.2 | 113.0 | 104.1 | 30.4 | 46.7 | 32.3 | 17.9 | 30.4 | 31.8 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 9.8 | 10.5 | 10.3 | 10.5 | 11.3 | 8.7 | 8.2 | 10.5 | 10.7 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 6.4 | 7.5 | 7.0 | 5.9 | 6.1 | 5.1 | 5.2 | 5.9 | 6.4 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 9.1 | 9.2 | 8.8 | 7.2 | 8.7 | 8.5 | 6.9 | 7.2 | 7.7 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 3.3 | 6.3 | 6.8 | 3.9 | 6.4 | 6.9 | 6.7 | 3.9 | 4.4 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 3.5 | 3.1 | 2.8 | 2.5 | 2.8 | 2.5 | 2.5 | 2.5 | 2.5 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 556.0 | 631.6 | 675.9 | 656.6 | 740.6 | 643.0 | 662.7 | 656.6 | 730.1 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 376.2 | 435.1 | 473.1 | 434.7 | 534.9 | 433.7 | 451.4 | 434.7 | 486.5 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 179.8 | 196.5 | 202.8 | 222.0 | 205.7 | 209.2 | 211.3 | 222.0 | 243.6 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | 30.3 | -36.6 | -110.2 | -129.6 | -173.6 | -118.7 | -149.9 | -129.6 | -168.9 | 13 |
Last Update: June 8, 2023