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 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 565.2 | 576.8 | 607.4 | 554.3 | 562.8 | 576.8 | 594.4 | 548.2 | 580 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 265.6 | 238.1 | 301.3 | 250.6 | 254.4 | 238.1 | 265.3 | 205.8 | 209.1 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 229.7 | 239.3 | 234.1 | 236.3 | 237.4 | 239.3 | 241.5 | 243.5 | 246.3 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178000 | 30.4 | 56.8 | 31.7 | 29.3 | 30.9 | 56.8 | 39.8 | 46 | 75 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 10.5 | 11 | 10.7 | 9.1 | 9.3 | 11 | 15 | 23 | 17.8 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 6 | 7.2 | 6.5 | 5.7 | 6.6 | 7.2 | 7.7 | 6.1 | 6.7 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 16.6 | 18.6 | 16.3 | 16.4 | 17 | 18.6 | 18.2 | 17.3 | 17.9 | 7 |
| Security brokers and dealers; taxes payable; liability | FL663178003 | 3.9 | 4 | 4.4 | 5 | 5.3 | 4 | 5 | 5.5 | 6.3 | 8 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FL733178013 | 2.5 | 1.9 | 2.5 | 1.9 | 1.9 | 1.9 | 1.9 | 1 | 1 | 9 |
| All sectors; taxes receivable; asset | FL893078005 | 724.1 | 666.7 | 796.5 | 736.8 | 697.1 | 666.7 | 753.8 | 672.5 | 653.3 | 10 |
| Federal government; total taxes receivable; asset | FL313078000 | 455.8 | 388.4 | 529.9 | 464.5 | 419.4 | 388.4 | 473.7 | 390.2 | 369 | 11 |
| State and local governments; taxes receivable; asset | FL213078005 | 268.3 | 278.3 | 266.6 | 272.3 | 277.7 | 278.3 | 280.1 | 282.3 | 284.3 | 12 |
| Instrument discrepancies; taxes receivable | FL903078005 | -158.9 | -89.9 | -189.1 | -182.5 | -134.3 | -89.9 | -159.3 | -124.4 | -73.2 | 13 |
Last Update: December 12, 2024