Graph and download economic data for Federal Government: Tax Receipts on Corporate Income (FCTAX) from 1929 to 2024 about receipts, tax, federal, corporate, government, income, GDP, and USA.

Revenue from corporate income tax in the United States amounted to 530 billion U.S. dollars in 2024. The forecast predicts an increase in corporate income tax revenue up to 517 billion U.S. dollars in 2035.

Graph and download economic data for Federal government current tax receipts: Taxes on corporate income (B075RC1Q027SBEA) from Q1 1947 to Q2 2025 about receipts, tax, corporate, federal, government, income, GDP, and USA.

Key information about United States Tax Revenue

• US Tax Revenue was reported at 510.819 USD bn in Jan 2025.
• This records an increase from the previous figure of 451.093 USD bn for Dec 2024.
• US Tax Revenue data is updated monthly, averaging 107.897 USD bn from Dec 1967 to Jan 2025, with 686 observations.
• The data reached an all-time high of 851.434 USD bn in Apr 2022 and a record low of 10.507 USD bn in Oct 1968.
• US Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

CEIC calculates monthly Tax Revenue as the sum of Individual Income Taxes, Corporation Income Taxes, Social Insurance Taxes, Excise Tax, Estate and Gift Taxes and Customs Duties. The Bureau of the Fiscal Service provides Tax Revenue in USD.

Revenue from corporate income tax in the United States amounted to 420 billion U.S. dollars in 2023. The forecast predicts an increase in corporate income tax revenue up to 551 billion U.S. dollars in 2034.

The Corporate Tax Rate in the United States stands at 21 percent. This dataset provides - United States Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the total revenues of the U.S. government totaled around 4.92 trillion U.S. dollars. Revenues consist of individual and corporate income taxes, payroll taxes and other taxes. Individual income taxes amounted to 2.43 trillion U.S. dollars in 2024, whereas corporate income taxes totaled 530 billion U.S. dollars.

Key information about US Tax revenue: % of GDP

• United States Tax revenue: % of GDP was reported at 16.6 % in Dec 2024.
• This records an increase from the previous number of 16.2 % for Dec 2023.
• US Tax revenue: % of GDP data is updated yearly, averaging 17.0 % from Dec 1968 to 2024, with 57 observations.
• The data reached an all-time high of 19.5 % in 2000 and a record low of 13.7 % in 2009.
• US Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and annual Nominal GDP. Tax Revenue is calculated as the sum of Individual Income Taxes, Corporation Income Taxes, Social Insurance Taxes, Excise Tax, Estate and Gift Taxes and Customs Duties. The Bureau of the Fiscal Service provides Tax Revenue in USD. The Bureau of Economic Analysis provides Nominal GDP in USD.

Graph and download economic data for Government current tax receipts: Taxes on corporate income (W025RC1Q027SBEA) from Q1 1947 to Q1 2025 about receipts, tax, corporate, government, income, GDP, and USA.

Graph and download economic data for Federal government current tax receipts (W006RC1Q027SBEA) from Q1 1947 to Q2 2025 about receipts, tax, federal, government, GDP, and USA.

In 2023, revenue from individual income tax accounted for 49 percent of total tax revenues collected by the U.S. federal government. By 2029, these taxes are expected to account for 52 percent, reflecting a small decrease. Corporation income tax, however, is expected to increase from 9.4 percent in 2023, to 10.9 percent by 2029.

In the fiscal year of 2023, the state of California collected a total of 220.59 billion U.S. dollars in tax revenue, the highest of any state. New York collected the second highest amount of taxes in that year, coming in at 125.19 billion U.S. dollars.

United States - Federal Government: Tax Receipts on Corporate Income was 489.62000 Bil. of $ in January of 2024, according to the United States Federal Reserve. Historically, United States - Federal Government: Tax Receipts on Corporate Income reached a record high of 489.62000 in January of 2024 and a record low of 0.32600 in January of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government: Tax Receipts on Corporate Income - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) from 1929 to 2024 about receipts, federal, GDP, and USA.

In total, about 59.9 percent of U.S. households paid income tax in 2022. The remaining 40.1 percent of households paid no individual income tax. In that same year, about 47.1 percent of U.S. households with an income between 40,000 and 50,000 U.S. dollars paid no individual income taxes.

In the United States, the revenue from customs duty amounted to 80 billion U.S. dollars in 2023. The forecast predicts a slight increase in customs duty revenue to 97 billion U.S. dollars in 2024, and an increase over the next decade to 96 billion U.S. dollars by 2034.

Daily overview of federal revenue collections such as income tax deposits, customs duties, fees for government service, fines, and loan repayments.

United States Tax Revenue: State & Local Govt: Corporate Income data was reported at 24.619 USD bn in Jun 2018. This records an increase from the previous number of 9.961 USD bn for Mar 2018. United States Tax Revenue: State & Local Govt: Corporate Income data is updated quarterly, averaging 9.745 USD bn from Mar 1988 (Median) to Jun 2018, with 122 observations. The data reached an all-time high of 24.619 USD bn in Jun 2018 and a record low of 4.399 USD bn in Dec 1990. United States Tax Revenue: State & Local Govt: Corporate Income data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.F007: State and Local Government: Tax Revenue. Beginning with the third quarter of 2013, the Quarterly Survey of Selected Non-property Taxes (F-73) was redesigned. The scope of the survey was updated to focus only on four tax categories such as property, general sales, personal income and corporate income taxes.

Government Revenues in the United States decreased to 338492 USD Million in July from 526445 USD Million in June of 2025. This dataset provides - United States Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States - Federal government current tax receipts: Taxes on corporate income was 120966.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Federal government current tax receipts: Taxes on corporate income reached a record high of 133645.00000 in April of 2024 and a record low of 2228.00000 in April of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal government current tax receipts: Taxes on corporate income - last updated from the United States Federal Reserve on August of 2025.