T41 - Corporation net income taxes - Iowa (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$27,291
1994
Q2 1994
$80,394
1994
Q3 1994
$35,916
1994
Q4 1994
$60,773
1995
Q1 1995
$35,824
1995
Q2 1995
$88,162
1995
Q3 1995
$24,603
1995
Q4 1995
$54,362
1996
Q1 1996
$33,389
1996
Q2 1996
$90,575
1996
Q3 1996
$25,662
1996
Q4 1996
$43,959
1997
Q1 1997
$30,361
1997
Q2 1997
$121,058
1997
Q3 1997
$49,910
1997
Q4 1997
$5,975
1998
Q1 1998
$37,481
1998
Q2 1998
$103,476
1998
Q3 1998
$26,727
1998
Q4 1998
$36,393
1999
Q1 1999
$64,870
1999
Q2 1999
$106,551
1999
Q3 1999
$25,824
1999
Q4 1999
$39,394
2000
Q1 2000
$39,940
2000
Q2 2000
$109,447
2000
Q3 2000
$14,597
2000
Q4 2000
$19,802
2001
Q1 2001
$38,109
2001
Q2 2001
$94,237
2001
Q3 2001
$24,794
2001
Q4 2001
$29,204
2002
Q1 2002
($17,867)
2002
Q2 2002
$52,178
2002
Q3 2002
$12,823
2002
Q4 2002
$37,520
2003
Q1 2003
$24,095
2003
Q2 2003
$65,593
2003
Q3 2003
($11,364)
2003
Q4 2003
($2,597)
2004
Q1 2004
$30,923
2004
Q2 2004
$72,864
2004
Q3 2004
$12,596
2004
Q4 2004
$43,613
2005
Q1 2005
$28,058
2005
Q2 2005
$93,795
2005
Q3 2005
$19,687
2005
Q4 2005
$43,769
2006
Q1 2006
$26,603
2006
Q2 2006
$146,778
2006
Q3 2006
$32,281
2006
Q4 2006
$58,070
2007
Q1 2007
$60,074
2007
Q2 2007
$140,487
2007
Q3 2007
$29,480
2007
Q4 2007
$70,438
2008
Q1 2008
$78,889
2008
Q2 2008
$158,906
2008
Q3 2008
$41,466
2008
Q4 2008
$12,171
2009
Q1 2009
$71,772
2009
Q2 2009
$116,123
2009
Q3 2009
($6,179)
2009
Q4 2009
$28,685
2010
Q1 2010
$67,558
2010
Q2 2010
$95,741
2010
Q3 2010
$26,586
2010
Q4 2010
$25,589
2011
Q1 2011
$57,074
2011
Q2 2011
$140,263
2011
Q3 2011
$30,951
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.
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.
About this application: This application presents data from the US Census Quarterly Summary of State and Local Government Tax Revenue. The summary provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states. This quarterly survey has been conducted continuously since 1962. The information contained in this survey is the most current information available on a nationwide basis for government tax collections.
