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 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 594.9 | 571.7 | 535 | 573.5 | 531.7 | 521.5 | 535 | 570.5 | 528.4 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 275.4 | 249.8 | 277.6 | 306 | 277.4 | 280.2 | 277.6 | 309.3 | 268.9 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 170 | 176 | 187.5 | 179 | 182.5 | 184.8 | 187.5 | 189.2 | 191.9 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 113 | 104.1 | 30.4 | 46.7 | 32.3 | 17.9 | 30.4 | 31.8 | 29.3 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 10.5 | 10.3 | 10.5 | 11.3 | 8.7 | 8.2 | 10.5 | 10.7 | 9.1 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.5 | 7 | 5.9 | 6.1 | 5.1 | 5.2 | 5.9 | 6.4 | 5.6 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 9.2 | 14.9 | 16.7 | 15.2 | 16.2 | 16 | 16.7 | 16.4 | 16.7 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 6.3 | 6.8 | 3.9 | 6.4 | 6.9 | 6.7 | 3.9 | 4.4 | 5 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 3.1 | 2.8 | 2.5 | 2.8 | 2.5 | 2.5 | 2.5 | 2.5 | 1.9 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 631.6 | 675.9 | 648.9 | 740.6 | 643 | 662.9 | 648.9 | 699.6 | 609.9 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 435.1 | 473.1 | 434.7 | 534.9 | 433.7 | 451.4 | 434.7 | 483.7 | 391.2 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 196.5 | 202.8 | 214.2 | 205.7 | 209.2 | 211.5 | 214.2 | 215.9 | 218.7 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | -36.6 | -104.2 | -113.9 | -167.1 | -111.3 | -141.4 | -113.9 | -129.1 | -81.5 | 13 |
Last Update: September 11, 2023