United States - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in United States was 1,239,280,000,000 as of 2010. As the graph below shows, over the past 9 years this indicator reached a maximum value of 1,543,100,000,000 in 2007 and a minimum value of 980,937,000,000 in 2003.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2001 1,166,400,000,000
2002 986,657,000,000
2003 980,937,000,000
2004 1,059,510,000,000
2005 1,284,950,000,000
2006 1,458,930,000,000
2007 1,543,100,000,000
2008 1,353,710,000,000
2009 1,072,960,000,000
2010 1,239,280,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in United States was 50.33 as of 2010. Its highest value over the past 9 years was 57.27 in 2007, while its lowest value was 47.29 in 2009.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2001 56.66
2002 52.08
2003 51.30
2004 51.73
2005 55.12
2006 56.84
2007 57.27
2008 53.15
2009 47.29
2010 50.33

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in United States was 91.42 as of 2010. Its highest value over the past 9 years was 92.73 in 2007, while its lowest value was 89.80 in 2002.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2001 91.11
2002 89.80
2003 89.81
2004 89.91
2005 91.21
2006 91.98
2007 92.73
2008 91.71
2009 90.10
2010 91.42

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance