This statistic shows the aggregated expenditure for all taxed corporations in the United States in 2008, according to their IRS Form 1120 filings. In 2008 corporations in the U.S. reported a total net income of 1.011 trillion U.S. dollars. The total income tax after credits the IRS received from corporations amounted to 207.4 billion U.S. dollars.
Aggregated expenditure for all taxed corporations in the United States in 2008, according to the IRS Form 1120
(in billion U.S. dollars)
Characteristic
Expenses in billion U.S. dollars
Total receipts
14,469.66
Total deductions
13,577.02
Cost of goods sold
8,311.05
Compensation of officers
146.87
Salaries and wages
1,242.14
Repairs
91.59
Bad debts
116.21
Rent paid on business property
200.41
Taxes paid
243.52
Interest paid
689.09
Charitable contributions
11.64
Amortization
98.79
Depreciation
403.47
Depletion
15.81
Advertising
148.24
Pension, profit-sharing, stock, annuity
94.99
Employee benefit programs
182.29
Domestic production activities deduction
18.35
Net loss, noncapital assets
14.88
Other deductions
1,547.71
Total receipts less total deductions
892.64
Constructive taxable income from related foreign corporations
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Tax Foundation. (September 30, 2011). Aggregated expenditure for all taxed corporations in the United States in 2008, according to the IRS Form 1120 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/257729/aggregated-expenditures-for-all-us-corporations-by-tax-filings/
Tax Foundation. "Aggregated expenditure for all taxed corporations in the United States in 2008, according to the IRS Form 1120 (in billion U.S. dollars)." Chart. September 30, 2011. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/257729/aggregated-expenditures-for-all-us-corporations-by-tax-filings/
Tax Foundation. (2011). Aggregated expenditure for all taxed corporations in the United States in 2008, according to the IRS Form 1120 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/257729/aggregated-expenditures-for-all-us-corporations-by-tax-filings/
Tax Foundation. "Aggregated Expenditure for All Taxed Corporations in The United States in 2008, According to The Irs Form 1120 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Sep 2011, https://www.statista.com/statistics/257729/aggregated-expenditures-for-all-us-corporations-by-tax-filings/
Tax Foundation, Aggregated expenditure for all taxed corporations in the United States in 2008, according to the IRS Form 1120 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257729/aggregated-expenditures-for-all-us-corporations-by-tax-filings/ (last visited November 21, 2024)
Aggregated expenditure for all taxed corporations in the United States in 2008, according to the IRS Form 1120 (in billion U.S. dollars) [Graph], Tax Foundation, September 30, 2011. [Online]. Available: https://www.statista.com/statistics/257729/aggregated-expenditures-for-all-us-corporations-by-tax-filings/
