L.231 Taxes Payable by Businesses
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Series | Description | 2021 | 2022 | 2023 | 2024 | 2023
Q4 | 2024
Q1 | 2024
Q2 | 2024
Q3 | 2024
Q4 | 2025
Q1 | 2025
Q2 | Line |
| 1 | FL893178005.Q | All sectors; taxes payable; liability | 598.1 | 565.1 | 588.3 | 589.9 | 588.3 | 607.2 | 574.8 | 605.2 | 589.9 | 680.9 | 574.9 | 1 |
| 2 | FL103178005.Q | Nonfinancial corporate business; total taxes payable; liability | 249.8 | 265.6 | 249.7 | 236.7 | 249.7 | 278.1 | 232.5 | 234.0 | 236.7 | 334.9 | 222.3 | 2 |
| 3 | FL113178003.Q | Nonfinancial noncorporate business; taxes payable; liability | 202.3 | 229.7 | 239.3 | 249.4 | 239.3 | 241.5 | 243.5 | 246.3 | 249.4 | 252.0 | 253.6 | 3 |
| 4 | FL763178000.Q | U.S.-chartered depository institutions; total taxes payable (net); liability | 104.1 | 30.2 | 56.6 | 61.3 | 56.6 | 39.8 | 45.9 | 75.0 | 61.3 | 49.6 | 58.4 | 4 |
| 5 | FL513178005.Q | Property-casualty insurance companies; total taxes payable; liability | 10.3 | 10.5 | 11.0 | 12.4 | 11.0 | 15.0 | 23.0 | 17.8 | 12.4 | 14.5 | 11.4 | 5 |
| 6 | FL543178075.Q | Life insurance companies, general accounts; total taxes payable; liability | 7.2 | 6.0 | 7.2 | 5.4 | 7.2 | 7.7 | 6.1 | 6.7 | 5.4 | 5.2 | 4.7 | 6 |
| 7 | FL613178005.Q | Finance companies; total taxes payable; liability | 14.9 | 16.6 | 18.6 | 18.4 | 18.6 | 18.2 | 17.3 | 18.0 | 18.4 | 18.3 | 18.7 | 7 |
| 8 | FL663178003.Q | Security brokers and dealers; taxes payable; liability | 6.8 | 3.9 | 4.0 | 5.4 | 4.0 | 5.0 | 5.5 | 6.3 | 5.4 | 5.5 | 5.7 | 8 |
| 9 | FL733178013.Q | Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | 2.8 | 2.5 | 1.9 | 1.0 | 1.9 | 1.9 | 1.0 | 1.0 | 1.0 | 1.0 | 0.0 | 9 |
| 10 | FL893078005.Q | All sectors; taxes receivable; asset | 730.0 | 734.8 | 677.0 | 714.8 | 677.0 | 760.2 | 674.6 | 699.8 | 714.8 | 799.3 | 723.9 | 10 |
| 11 | FL313078000.Q | Federal government; total taxes receivable; asset | 492.2 | 455.8 | 388.4 | 416.1 | 388.4 | 469.4 | 381.7 | 404.2 | 416.1 | 497.1 | 420.0 | 11 |
| 12 | FL213078005.Q | State and local governments; taxes receivable; asset | 237.8 | 279.0 | 288.7 | 298.7 | 288.7 | 290.8 | 292.9 | 295.6 | 298.7 | 302.2 | 303.9 | 12 |
| 13 | FL903078005.Q | Instrument discrepancies; taxes receivable | -131.9 | -169.8 | -88.7 | -124.9 | -88.7 | -153.0 | -99.8 | -94.6 | -124.9 | -118.4 | -149.0 | 13 |