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 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 598.1 | 549.3 | 557.2 | 588.9 | 536.4 | 544.4 | 557.2 | 576.9 | 527.9 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 249.8 | 265.6 | 238 | 301.3 | 250.6 | 254 | 238 | 267.6 | 205.2 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 202.3 | 213.7 | 219.7 | 215.4 | 218.2 | 219.3 | 219.7 | 221.4 | 223.7 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 104.1 | 30.4 | 56.8 | 31.7 | 29.3 | 30.9 | 56.8 | 39.8 | 45.9 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 10.3 | 10.5 | 11 | 10.7 | 9.1 | 9.3 | 11 | 15 | 23 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.2 | 6 | 7.2 | 6.5 | 5.7 | 6.6 | 7.2 | 7.7 | 6.1 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 14.9 | 16.7 | 18.7 | 16.4 | 16.5 | 17.1 | 18.7 | 18.5 | 17.5 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 6.8 | 3.9 | 4 | 4.4 | 5 | 5.3 | 4 | 5 | 5.5 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 2.8 | 2.5 | 1.9 | 2.5 | 1.9 | 1.9 | 1.9 | 1.9 | 1 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 711.6 | 705.9 | 644.5 | 774.8 | 707.5 | 683.8 | 644.5 | 729.8 | 635.3 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 476.5 | 447.1 | 379.7 | 514.4 | 444.2 | 419.4 | 379.7 | 463.4 | 366.6 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 235.1 | 258.8 | 264.7 | 260.5 | 263.2 | 264.4 | 264.7 | 266.4 | 268.7 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | -113.5 | -156.6 | -87.3 | -185.9 | -171.1 | -139.4 | -87.3 | -153 | -107.4 | 13 |
Last Update: September 12, 2024