Home > California Tax Revenue - T41 - Corporation net income taxes - Q3 2011

Tax Type State Variables Year Quarter

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T41 - Corporation net income taxes - California (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $733,588
1994 Q2 1994 $1,737,140
1994 Q3 1994 $1,412,154
1994 Q4 1994 $1,075,465
1995 Q1 1995 $1,026,854
1995 Q2 1995 $2,233,456
1995 Q3 1995 $1,390,711
1995 Q4 1995 $1,322,826
1996 Q1 1996 $1,021,054
1996 Q2 1996 $2,096,481
1996 Q3 1996 $1,468,825
1996 Q4 1996 $1,101,530
1997 Q1 1997 $1,008,317
1997 Q2 1997 $2,224,980
1997 Q3 1997 $1,286,309
1997 Q4 1997 $1,129,739
1998 Q1 1998 $971,983
1998 Q2 1998 $2,199,640
1998 Q3 1998 $1,387,150
1998 Q4 1998 $1,190,091
1999 Q1 1999 $827,963
1999 Q2 1999 $2,053,995
1999 Q3 1999 $1,585,440
1999 Q4 1999 $1,280,801
2000 Q1 2000 $1,285,147
2000 Q2 2000 $2,424,051
2000 Q3 2000 $1,915,465
2000 Q4 2000 $1,309,340
2001 Q1 2001 $1,536,887
2001 Q2 2001 $2,137,609
2001 Q3 2001 $1,272,056
2001 Q4 2001 $717,265
2002 Q1 2002 $1,406,423
2002 Q2 2002 $2,323,147
2002 Q3 2002 $1,348,713
2002 Q4 2002 $1,591,447
2003 Q1 2003 $1,599,870
2003 Q2 2003 $2,263,529
2003 Q3 2003 $1,801,631
2003 Q4 2003 $1,496,801
2004 Q1 2004 $1,628,643
2004 Q2 2004 $1,998,842
2004 Q3 2004 $2,222,678
2004 Q4 2004 $1,621,702
2005 Q1 2005 $2,393,032
2005 Q2 2005 $6,259,091
2005 Q3 2005 $2,576,274
2005 Q4 2005 $2,108,772
2006 Q1 2006 $1,987,662
2006 Q2 2006 $3,763,317
2006 Q3 2006 $2,759,734
2006 Q4 2006 $2,266,622
2007 Q1 2007 $2,045,734
2007 Q2 2007 $3,695,099
2007 Q3 2007 $2,760,484
2007 Q4 2007 $1,822,270
2008 Q1 2008 $1,916,790
2008 Q2 2008 $3,625,823
2008 Q3 2008 $2,238,641
2008 Q4 2008 $1,548,629
2009 Q1 2009 $2,240,060
2009 Q2 2009 $6,233,206
2009 Q3 2009 $1,941,167
2009 Q4 2009 $1,627,761
2010 Q1 2010 $2,238,992
2010 Q2 2010 $3,638,093
2010 Q3 2010 $1,493,531
2010 Q4 2010 $2,164,696
2011 Q1 2011 $2,063,265
2011 Q2 2011 $4,082,701
2011 Q3 2011 $1,353,902

Code: T41 Corporation Net Income Taxes

Definition: Taxes on corporations and unincorporated businesses (when taxed separately from individual income), measured by net income, whether on corporations in general or on specific kinds of corporations, such as financial institutions.

Excludes: Income taxes on gross income or receipts of corporations (report at Sales and Gross Receipts Taxes, codes T09 - T19) and combined corporation and individual income taxes not separable by type in older, historical data (report at Individual Income Taxes, code T40).

Examples: State governments - Michigan's VAT tax (Single Business Tax) is classified here.

Special Consideration:  Although such taxes may be called "license" or "franchise taxes," they are classified here if measured by net income.

Category: Income Taxes

Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).

Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.

Source: U.S. Census Bureau

Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.