Financial Accounts of the United States - Z.1
L.231 Taxes Payable by Businesses
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| 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 | FL893178005 | 598 | 561.1 | 599.7 | 558 | 547.9 | 561.1 | 596.5 | 554.3 | 564.4 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 249.8 | 277.5 | 306 | 277.4 | 280.3 | 277.5 | 309 | 268.6 | 274.1 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 202.3 | 213.7 | 205.2 | 208.7 | 211 | 213.7 | 215.4 | 218.2 | 219.3 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 104.1 | 30.4 | 46.7 | 32.3 | 17.9 | 30.4 | 31.8 | 29.4 | 30.9 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 10.3 | 10.5 | 11.3 | 8.7 | 8.2 | 10.5 | 10.7 | 9.1 | 9.3 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7 | 5.9 | 6.1 | 5.1 | 5.2 | 5.9 | 6.4 | 5.6 | 6.4 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 14.9 | 16.7 | 15.2 | 16.2 | 16 | 16.7 | 16.4 | 16.5 | 17.1 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 6.8 | 3.9 | 6.4 | 6.9 | 6.7 | 3.9 | 4.4 | 5 | 5.3 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 2.8 | 2.5 | 2.8 | 2.5 | 2.5 | 2.5 | 2.5 | 1.9 | 1.9 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 685.9 | 668 | 747.5 | 649.4 | 669.6 | 668 | 742.9 | 681.4 | 701.8 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 476.5 | 447.1 | 535.1 | 433.5 | 451.4 | 447.1 | 520.3 | 456 | 465.9 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 209.5 | 220.9 | 212.4 | 215.9 | 218.2 | 220.9 | 222.6 | 225.4 | 236 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | -87.9 | -106.9 | -147.8 | -91.4 | -121.8 | -106.9 | -146.3 | -127.1 | -137.5 | 13 |
Last Update: December 7, 2023