T41 - Corporation net income taxes - Massachusetts (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$377,488
1994
Q2 1994
$315,350
1994
Q3 1994
$168,832
1994
Q4 1994
$141,780
1995
Q1 1995
$393,894
1995
Q2 1995
$382,641
1995
Q3 1995
$289,933
1995
Q4 1995
$123,003
1996
Q1 1996
$410,302
1996
Q2 1996
$404,623
1996
Q3 1996
$256,942
1996
Q4 1996
$167,850
1997
Q1 1997
$375,641
1997
Q2 1997
$412,893
1997
Q3 1997
$254,858
1997
Q4 1997
$187,856
1998
Q1 1998
$525,726
1998
Q2 1998
$386,459
1998
Q3 1998
$329,245
1998
Q4 1998
$167,218
1999
Q1 1999
$440,736
1999
Q2 1999
$386,459
1999
Q3 1999
$285,772
1999
Q4 1999
$196,703
2000
Q1 2000
$462,959
2000
Q2 2000
$360,919
2000
Q3 2000
$263,337
2000
Q4 2000
$203,069
2001
Q1 2001
$444,434
2001
Q2 2001
$300,744
2001
Q3 2001
$228,044
2001
Q4 2001
$7,418
2002
Q1 2002
$360,369
2002
Q2 2002
$216,426
2002
Q3 2002
$292,101
2002
Q4 2002
$140,072
2003
Q1 2003
$515,983
2003
Q2 2003
$236,454
2003
Q3 2003
$308,520
2003
Q4 2003
$146,038
2004
Q1 2004
$476,485
2004
Q2 2004
$370,033
2004
Q3 2004
$293,502
2004
Q4 2004
$142,412
2005
Q1 2005
$536,915
2005
Q2 2005
$359,967
2005
Q3 2005
$291,280
2005
Q4 2005
$474,057
2006
Q1 2006
$631,240
2006
Q2 2006
$462,532
2006
Q3 2006
$422,210
2006
Q4 2006
$377,277
2007
Q1 2007
$779,430
2007
Q2 2007
$527,981
2007
Q3 2007
$448,727
2007
Q4 2007
$315,267
2008
Q1 2008
$909,726
2008
Q2 2008
$506,236
2008
Q3 2008
$452,698
2008
Q4 2008
$299,591
2009
Q1 2009
$640,636
2009
Q2 2009
$396,628
2009
Q3 2009
$349,699
2009
Q4 2009
$420,493
2010
Q1 2010
$607,497
2010
Q2 2010
$457,170
2010
Q3 2010
$403,727
2010
Q4 2010
$428,668
2011
Q1 2011
$606,807
2011
Q2 2011
$549,976
2011
Q3 2011
$402,233
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.
