State Tax Collections: T22 Corporations in General License for California

This dataset tracks state tax collections: t22 corporations in general license for california over time.

Latest Value

22.00

Year-over-Year Change

0.00%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures corporate tax collections in California, providing insights into the state's fiscal health and business environment.

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 State Tax Collections: T22 Corporations in General License for California series tracks the tax revenue generated from corporate activities within the state. This data is used by economists and policymakers to analyze California's economic conditions and the effectiveness of its tax policies.

Methodology

The data is collected by the U.S. Census Bureau through state-level tax revenue reporting.

Historical Context

Trends in corporate tax collections are closely monitored by investors, businesses, and government officials to assess the overall economic climate.

Key Facts

  • California is the largest state economy in the U.S.
  • Corporate income tax accounts for a significant portion of California's state revenue.
  • Trends in corporate tax collections reflect the health of the state's business sector.

FAQs

Q: What does this economic trend measure?

A: This trend measures the tax revenue collected by the state of California from corporate activities, including income taxes, license fees, and other business-related charges.

Q: Why is this trend relevant for users or analysts?

A: Trends in corporate tax collections provide insights into the overall health and performance of California's business environment, which is crucial for investors, policymakers, and economists.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through state-level tax revenue reporting.

Q: How is this trend used in economic policy?

A: Policymakers and government officials use this data to assess the effectiveness of the state's tax policies and make informed decisions about revenue and spending.

Q: Are there update delays or limitations?

A: The data is released quarterly, with a slight delay to allow for state-level reporting and compilation.

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Citation

U.S. Federal Reserve, State Tax Collections: T22 Corporations in General License for California (QTAXT22QTAXCAT3CANO), retrieved from FRED.
Economic Data: State Tax Collections: T22 Corporations in...