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 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | -3.7 | -36.9 | 25.1 | -65 | 55.5 | 117.7 | -122.5 | 17.3 | 87.8 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | -25.5 | 27.6 | -6.2 | 2.2 | -2.1 | 77 | -111.8 | 11.9 | -1.7 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 32.3 | 11.5 | 6 | 9.2 | 10.8 | 6.8 | 11.1 | 4.5 | 1.5 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178000 | -8.9 | -73.8 | 26.4 | -72.9 | 43.3 | 30.5 | -12.8 | -6.8 | 94.6 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | -0.2 | 0.2 | -3 | -2 | 9.2 | 0.6 | -6.2 | 0.8 | -7.1 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | -0.5 | -1.1 | 0.2 | 0.3 | 2.9 | 1.9 | -3.3 | 3.6 | -1.5 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | -1 | 1.9 | 2.2 | -0.8 | 2.8 | -1.2 | 0.4 | 2.2 | 7.2 | 7 |
| Security brokers and dealers; taxes payable; liability | FA663178003 | 0.5 | -2.9 | 0.1 | -0.9 | -11.4 | 2 | 2.6 | 1 | -5.2 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FA733178013 | -0.3 | -0.3 | -0.6 | 0 | 0 | 0 | -2.5 | 0 | 0 | 9 |
| All sectors; taxes receivable; asset | FA893078005 | -101.9 | -64.1 | -38.3 | -103.4 | 59.9 | 57.5 | -147.9 | 12.4 | -75.2 | 10 |
| Federal government; total taxes receivable; asset | FA313078000 | -131.3 | -75.5 | -43.7 | -116 | 45.2 | 55.2 | -155.1 | 1.9 | -76.9 | 11 |
| State and local governments; taxes receivable; asset | FA213078005 | 29.4 | 11.5 | 5.4 | 12.7 | 14.7 | 2.3 | 7.1 | 10.5 | 1.7 | 12 |
| Instrument discrepancies; taxes receivable | FA903078005 | 98.2 | 27.1 | 63.4 | 38.3 | -4.3 | 60.2 | 25.4 | 4.8 | 163.1 | 13 |
Last Update: March 7, 2024