IRS Releases 1993 Corporation Source Book

WASHINGTON - Corporations filed over 3.9 million active federal income tax returns for 1993, reporting $12.3 trillion in total receipts, $498.2 billion in net income (less deficit), $436.8 in income subject to tax, and $120 billion in income tax after credits.

These and other corporate statistics are reported in the Internal Revenue Service's Publication 1053, 1993 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 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 charge).

Orders may be sent to the Director, Statistics of Income Division 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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