Financial Accounts of the United States - Z.1
F.228 Taxes Payable by Businesses
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | 5.2 | 276.5 | -4.7 | 3.8 | -13.3 | -69.6 | 78.6 | 19.4 | -1.3 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | -8.1 | 211.1 | -10.6 | -14.8 | -12.3 | -75.9 | 38.8 | -9.7 | 33.8 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 10.0 | 4.6 | 6.6 | 5.7 | 5.5 | 4.7 | 6.2 | 6.3 | 5.8 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178003 | 0.9 | 32.6 | 5.4 | 14.5 | -16.8 | 13.8 | 40.8 | 20.4 | -66.9 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | 1.0 | 4.9 | -0.7 | -0.2 | 4.1 | -5.5 | -3.6 | 3.9 | 10.6 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 1.0 | 2.0 | -2.9 | 0.4 | 2.7 | -3.7 | -0.8 | 3.6 | 10.1 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | 0.2 | 11.0 | -3.0 | -0.4 | 0.8 | -2.2 | -1.7 | 1.4 | -0.1 | 7 |
| Security brokers and dealers; total taxes payable; liability | FA663178005 | 0.1 | 10.3 | 0.5 | -1.4 | 2.6 | -0.7 | -1.1 | -6.6 | 5.3 | 8 |
| All sectors; taxes receivable; asset | FA893078005 | 34.5 | 229.0 | -44.3 | -97.0 | -83.8 | -112.3 | -123.5 | -68.4 | -107.0 | 9 |
| Federal government; total taxes receivable; asset | FA313078000 | 23.6 | 223.8 | -50.8 | -102.7 | -82.5 | -116.4 | -133.9 | -78.0 | -104.7 | 10 |
| State and local governments; taxes receivable; asset | FA213078005 | 10.8 | 5.2 | 6.6 | 5.7 | -1.3 | 4.1 | 10.4 | 9.6 | -2.3 | 11 |
| Instrument discrepancies; taxes receivable | FA903078005 | -29.3 | 47.5 | 39.6 | 100.8 | 70.5 | 42.7 | 202.1 | 87.8 | 105.7 | 12 |
Last Update: June 11, 2020