State Tax Collections: T41 Corporation Net Income Taxes for Kansas
QTAXT41QTAXCAT3KSNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.00
Year-over-Year Change
61.54%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures corporation net income tax collections in the state of Kansas. It provides insights into the fiscal health and business climate of the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T41 Corporation Net Income Taxes for Kansas series tracks the quarterly tax revenue collected by the state government from corporate income taxes. This data is used by policymakers, economists, and analysts to assess Kansas' economic performance and tax policy.
Methodology
The data is collected directly from the Kansas Department of Revenue.
Historical Context
This metric is closely monitored by state officials and economists to understand trends in business activity and tax revenue.
Key Facts
- Kansas collects over $500 million annually in corporate income taxes.
- Corporation net income taxes account for roughly 10% of total state tax revenue.
- Corporate tax collections fluctuate with economic conditions in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue collected by the state government of Kansas from corporate income taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the fiscal health and business climate of the state of Kansas, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected directly from the Kansas Department of Revenue.
Q: How is this trend used in economic policy?
A: State officials and economists closely monitor this metric to understand trends in business activity and tax revenue, which informs fiscal and economic policymaking.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a short delay as the state collects and reports the information.
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Citation
U.S. Federal Reserve, State Tax Collections: T41 Corporation Net Income Taxes for Kansas (QTAXT41QTAXCAT3KSNO), retrieved from FRED.