IRS Releases 1992 Corporation Source Book

WASHINGTON - Corporations filed 3.9 million active federal income tax returns for 1992, reporting $11.7 trillion in total receipts, $402 billion of income subject to tax, and a tax liability of $101.5 billion of income tax after credits.

These and other corporate statistics are reported in the Internal Revenue Service's Publication 1053, "1992 Corporation Source Book." The publication includes aggregate statistics on assets, liabilities, receipts, deductions, tax, and tax credits, presented by industry groups and total asset sizes.

Printed copies or 35mm microfilm copies of Publication 1053 can be purchased for $175. Floppy disk and magnetic tape copies are available for $1500. A General Description of the "Corporation Source Book" (Publication 647) includes a list of industry classifications and tape specifications and is available without charge by calling (202) 874-0410 (Not a toll-free call).

Orders may be sent to the Director, Statistics of Income CP:R:S, Internal Revenue Service, P.O. Box 2608, Washington, DC 20013-2608. Tape orders should include tape specifications, and all orders should include checks payable to IRS, Accounting Section.

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