Financial Accounts of the United States - Z.1
F.231 Taxes Payable by Businesses
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | 8.6 | -29.9 | -36.7 | -19.8 | -118.3 | -65.4 | 56.5 | 118.5 | -121.9 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | 7.7 | -25.5 | 27.8 | 174.4 | -64 | 1.8 | -1 | 77.5 | -111.7 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 7.6 | 6.1 | 11.5 | 11.8 | 14.1 | 9.2 | 10.8 | 6.8 | 11.1 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178000 | -11.2 | -8.9 | -73.8 | -206.2 | -59.2 | -72.9 | 43.3 | 30.8 | -12.9 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | 0.7 | -0.2 | 0.2 | 4 | -10.3 | -2 | 9.2 | 0.6 | -6.2 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 1.1 | -0.5 | -1.1 | -3.6 | -4 | 0.3 | 2.9 | 1.9 | -3.2 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | 0.1 | -1 | 1.9 | 1.4 | 4.2 | -0.8 | 2.8 | -1.2 | 0.9 | 7 |
| Security brokers and dealers; taxes payable; liability | FA663178003 | 3 | 0.5 | -2.9 | -1.5 | 2.2 | -0.9 | -11.4 | 2 | 2.6 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FA733178013 | -0.3 | -0.3 | -0.3 | 0 | -1.3 | 0 | 0 | 0 | -2.5 | 9 |
| All sectors; taxes receivable; asset | FA893078005 | -1 | -130.9 | -83.2 | 18.7 | -257.8 | -129.8 | 36 | 24.2 | -205.8 | 10 |
| Federal government; total taxes receivable; asset | FA313078000 | -12.2 | -137.2 | -94.7 | 10.8 | -268.3 | -142.4 | 21.2 | 21.9 | -212.9 | 11 |
| State and local governments; taxes receivable; asset | FA213078005 | 11.2 | 6.3 | 11.5 | 7.9 | 10.6 | 12.7 | 14.7 | 2.3 | 7.1 | 12 |
| Instrument discrepancies; taxes receivable | FA903078005 | 9.6 | 100.9 | 46.5 | -38.4 | 139.4 | 64.3 | 20.6 | 94.3 | 83.9 | 13 |
Last Update: September 11, 2023