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 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | -3.7 | -36.8 | -19.7 | -118.3 | -65 | 55.7 | 117.9 | -122.5 | 17.1 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | -25.5 | 27.6 | 174.4 | -64 | 2.2 | -2.1 | 77 | -111.8 | 11.9 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 32.3 | 11.5 | 11.8 | 14.1 | 9.2 | 10.8 | 6.8 | 11.1 | 4.5 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178000 | -8.9 | -73.7 | -206.2 | -59.2 | -72.9 | 43.5 | 30.7 | -12.9 | -6.9 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | -0.2 | 0.2 | 4 | -10.3 | -2 | 9.2 | 0.6 | -6.2 | 0.8 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | -0.5 | -1.1 | -3.6 | -4 | 0.3 | 2.9 | 1.9 | -3.2 | 3.5 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | -1 | 1.9 | 1.4 | 4.2 | -0.8 | 2.8 | -1.2 | 0.4 | 2.3 | 7 |
| Security brokers and dealers; taxes payable; liability | FA663178003 | 0.5 | -2.9 | -1.5 | 2.2 | -0.9 | -11.4 | 2 | 2.6 | 1 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FA733178013 | -0.3 | -0.3 | 0 | -1.3 | 0 | 0 | 0 | -2.5 | 0 | 9 |
| All sectors; taxes receivable; asset | FA893078005 | -101.9 | -64.1 | 23.4 | -236.2 | -103.4 | 59.9 | 57.5 | -147.9 | -1.7 | 10 |
| Federal government; total taxes receivable; asset | FA313078000 | -131.3 | -75.5 | 15.5 | -246.8 | -116 | 45.2 | 55.2 | -155.1 | -10.1 | 11 |
| State and local governments; taxes receivable; asset | FA213078005 | 29.4 | 11.5 | 7.9 | 10.6 | 12.7 | 14.7 | 2.3 | 7.1 | 8.4 | 12 |
| Instrument discrepancies; taxes receivable | FA903078005 | 98.2 | 27.3 | -43.1 | 117.9 | 38.3 | -4.2 | 60.3 | 25.4 | 18.9 | 13 |
Last Update: December 7, 2023