SOI Tax Stats - SOI Bulletin: Summer 2005

Corporation Income Tax Returns, 2002PDF
Article by Heather R. Duffy, SOI

Corporate pretax profits, or net income (less deficit), reported on income tax returns for 2002 continued to decline from 2001 levels, decreasing 6.6 percent from $603.6 billion for 2001 to $563.7 billion for 2002.

Excel Tables:
1XLS, 2XLS

Foreign-Controlled Domestic Corporations, 2002PDF
Article by James R. Hobbs, SOI

For Tax Year 2002, the 61,615 domestic corporations each controlled by a foreign “person” generated $2.5 trillion of total receipts and reported $6.4 trillion of total assets on income tax returns filed with the Internal Revenue Service.

Related Link:
Foreign-Controlled Domestic Corporations

Foreign Trusts, 2002PDF
Article by Daniel S. Holik, SOI

The Statistics of Income (SOI) study of 2002 foreign trust returns reflects both the substantial and increasing interest in foreign investment by U.S. taxpayers and the new information reporting requirements for foreign trust activity that were instituted by the Small Business Job Protection Act of 1996.

Sole Proprietorship Returns, 2003PDF
Article by Kevin Pierce, SOI

For Tax Year 2003, there were approximately19.7 million individual income tax returns that reported nonfarm sole proprietorship activity. Profits for nonfarm sole proprietorships totaled $230.3 billion, a 4.2-percent increase from Tax Year 2002.

Tax-Exempt Bonds, 1996-2002PDF
Article by Cynthia Belmonte, SOI

State and local governmental units issued nearly $2.1 trillion of tax-exempt bonds between 1996 and 2002. The majority ($1.5 trillion) of these tax-exempt bonds were Governmental bonds, the proceeds of which helped finance public projects (such as schools, streets, and utilities).

Which Estates Are Affected by the Federal Estate
Tax?: An Examination of the Filing Population for Year-of-Death 2001 (PDF)PDF (This article has been updated to reflect data revised in October 2007.)
Article by Martha Britton Eller, SOI

Excel Tables:
1aXLS, 1bXLS, 1cXLS, 2XLS, 3XLS, 4XLS, 5aXLS, 5bXLS, 5cXLS, 6XLS, 7XLS, 8XLS