T41 - Corporation net income taxes - North Carolina (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$153,151
1994
Q2 1994
$276,125
1994
Q3 1994
$190,133
1994
Q4 1994
$203,304
1995
Q1 1995
$159,352
1995
Q2 1995
$353,221
1995
Q3 1995
$234,232
1995
Q4 1995
$173,935
1996
Q1 1996
$196,193
1996
Q2 1996
$334,918
1996
Q3 1996
$235,895
1996
Q4 1996
$179,737
1997
Q1 1997
$163,523
1997
Q2 1997
$402,223
1997
Q3 1997
$242,550
1997
Q4 1997
$208,118
1998
Q1 1998
$162,350
1998
Q2 1998
$357,123
1998
Q3 1998
$306,939
1998
Q4 1998
$214,960
1999
Q1 1999
$191,546
1999
Q2 1999
$415,138
1999
Q3 1999
$313,750
1999
Q4 1999
$249,927
2000
Q1 2000
$287,777
2000
Q2 2000
$345,707
2000
Q3 2000
$215,188
2000
Q4 2000
$105,294
2001
Q1 2001
$150,861
2001
Q2 2001
$252,293
2001
Q3 2001
$148,158
2001
Q4 2001
$180,651
2002
Q1 2002
$168,527
2002
Q2 2002
$170,788
2002
Q3 2002
$232,813
2002
Q4 2002
$220,729
2003
Q1 2003
$165,567
2003
Q2 2003
$279,259
2003
Q3 2003
$187,173
2003
Q4 2003
$183,990
2004
Q1 2004
$196,765
2004
Q2 2004
$269,157
2004
Q3 2004
$278,898
2004
Q4 2004
$231,651
2005
Q1 2005
$288,081
2005
Q2 2005
$473,355
2005
Q3 2005
$270,828
2005
Q4 2005
$336,170
2006
Q1 2006
$277,833
2006
Q2 2006
$423,191
2006
Q3 2006
$312,952
2006
Q4 2006
$403,226
2007
Q1 2007
$372,130
2007
Q2 2007
$477,236
2007
Q3 2007
$318,997
2007
Q4 2007
$210,169
2008
Q1 2008
$203,661
2008
Q2 2008
$473,585
2008
Q3 2008
$228,805
2008
Q4 2008
$83,126
2009
Q1 2009
$177,040
2009
Q2 2009
$412,574
2009
Q3 2009
$227,680
2009
Q4 2009
$464,457
2010
Q1 2010
$194,069
2010
Q2 2010
$408,106
2010
Q3 2010
$241,403
2010
Q4 2010
$245,945
2011
Q1 2011
$143,823
2011
Q2 2011
$460,908
2011
Q3 2011
$278,607
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.
