Quarterly Financial Report: U.S. Corporations: All Information: Provision for Current and Deferred Domestic Income Taxes

QFRD114INFUSNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19,732.00

Year-over-Year Change

48.64%

Date Range

10/1/2009 - 1/1/2025

Summary

This economic indicator tracks the income tax provisions for U.S. corporations, capturing both current and deferred domestic tax liabilities. It provides critical insight into corporate financial health and tax strategies across different economic sectors.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The trend represents the total tax provisions reported by U.S. corporations in their quarterly financial statements, reflecting their estimated tax obligations and potential future tax impacts. Economists use this data to assess corporate profitability, tax efficiency, and broader economic performance.

Methodology

Data is collected through standardized financial reporting requirements and aggregated from corporate quarterly financial statements submitted to regulatory authorities.

Historical Context

This metric is used by policymakers, investors, and economic analysts to understand corporate tax dynamics, fiscal policy effectiveness, and potential economic trends.

Key Facts

  • Represents comprehensive corporate tax reporting across multiple economic sectors
  • Includes both current tax liabilities and potential future tax implications
  • Provides quarterly snapshot of corporate tax strategies and financial health

FAQs

Q: What does this economic indicator measure?

A: It measures the total income tax provisions for U.S. corporations, including current and deferred domestic tax liabilities reported in quarterly financial statements.

Q: Why are corporate tax provisions important?

A: They provide insights into corporate financial strategies, potential tax efficiency, and broader economic performance across different industry sectors.

Q: How frequently is this data updated?

A: The data is typically updated quarterly, reflecting the standard financial reporting cycle for U.S. corporations.

Q: How do economists use this information?

A: Economists analyze these tax provisions to assess corporate profitability, predict economic trends, and understand potential fiscal policy impacts.

Q: What are the limitations of this indicator?

A: The data represents reported figures and may not capture all nuanced tax strategies or immediate economic shifts, requiring complementary analysis.

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Citation

U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Information: Provision for Current and Deferred Domestic Income Taxes [QFRD114INFUSNO], retrieved from FRED.

Last Checked: 8/1/2025