GITNUXREPORT 2026

Tax Industry Statistics

The U.S. collected nearly $5 trillion in 2022 taxes, with income and payroll as the largest sources.

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

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Statistic 1

Global average statutory corporate tax rate is 23.51% in 2023.

Statistic 2

OECD Pillar Two global minimum tax set at 15%.

Statistic 3

U.S. multinational effective tax rate abroad is 13.1%.

Statistic 4

140 countries agreed to BEPS 2.0 framework.

Statistic 5

Cross-border tax revenue losses estimated at $100-240B annually.

Statistic 6

EU VAT gap averaged 6.4% of potential revenue in 2021.

Statistic 7

UK's HMRC collected £1.6 trillion in 2022/23.

Statistic 8

France's corporate tax rate is 25%.

Statistic 9

Germany's VAT rate is 19% standard.

Statistic 10

Japan's top individual rate is 55.97%.

Statistic 11

India's GST collections hit 2.1 trillion INR in FY23.

Statistic 12

Brazil's tax-to-GDP ratio is 33.7%.

Statistic 13

China's VAT revenue was 7.5 trillion CNY in 2022.

Statistic 14

Australia collected AUD 570 billion in taxes FY23.

Statistic 15

Canada's GST/HST revenue: CAD 48 billion in 2022.

Statistic 16

FATCA led to $15 billion in U.S. collections since 2010.

Statistic 17

BEPS Action 13 CBC reporting adopted by 100 jurisdictions.

Statistic 18

Global tax-to-GDP average is 23.1%.

Statistic 19

Ireland's corporate rate 12.5%, attracting FDI.

Statistic 20

The IRS audit rate for U.S. individual returns was 0.4% in FY 2022.

Statistic 21

IRS conducted 622,000 individual audits in FY 2022.

Statistic 22

Corporate audit coverage by IRS was 0.9% in FY 2022.

Statistic 23

IRS collected $30.4 billion from enforcement actions in FY 2022.

Statistic 24

U.S. tax gap estimated at $688 billion annually for TY 2017-2019.

Statistic 25

Gross tax gap in U.S. was $496 billion after late payments for TY 2021.

Statistic 26

Underreporting accounts for 82% of the U.S. tax gap.

Statistic 27

Non-filing contributes 5% to the U.S. tax gap, totaling $35 billion.

Statistic 28

Underpayment makes up 13% of U.S. tax gap at $90 billion annually.

Statistic 29

Voluntary compliance rate for U.S. individual taxes is 83.8%.

Statistic 30

U.S. corporate voluntary compliance rate is 80.3%.

Statistic 31

IRS identified 1.2 million abusive tax schemes in FY 2022.

Statistic 32

Offshore tax evasion recoveries by IRS totaled $1.3 billion in FY 2022.

Statistic 33

IRS whistleblower awards paid $300 million since inception.

Statistic 34

550 whistleblower awards issued by IRS through FY 2022.

Statistic 35

Average IRS whistleblower award is $500,000.

Statistic 36

IRS Criminal Investigation division closed 2,420 cases in FY 2022.

Statistic 37

Tax fraud convictions averaged 90% success rate by IRS CI in 2022.

Statistic 38

IRS levied $15 billion in penalties in FY 2022.

Statistic 39

U.S. taxpayers filed 90% of returns electronically in 2022.

Statistic 40

IRS processed 260 million returns in TY 2022.

Statistic 41

Balance due notices issued by IRS: 10 million in FY 2022.

Statistic 42

IRS liens filed: 500,000 in FY 2022.

Statistic 43

U.S. tax preparer fraud cases investigated: 1,000 annually.

Statistic 44

The U.S. top marginal income tax rate is 37% for incomes over $578,125.

Statistic 45

Standard deduction for single filers is $13,850 in 2023.

Statistic 46

Child Tax Credit is $2,000 per qualifying child under 17.

Statistic 47

Corporate tax rate in U.S. is 21% post-TCJA.

Statistic 48

Qualified Business Income deduction is 20% for pass-throughs.

Statistic 49

Estate tax exemption is $12.92 million per individual in 2023.

Statistic 50

Alternative Minimum Tax affects 0.1% of taxpayers.

Statistic 51

Section 179 expensing limit is $1.16 million for 2023.

Statistic 52

Opportunity Zones program created 9,000 since 2018.

Statistic 53

R&D tax credit averages $10 billion annually.

Statistic 54

Mortgage interest deduction cap at $750,000 debt.

Statistic 55

SALT deduction capped at $10,000 post-TCJA.

Statistic 56

Earned Income Tax Credit lifted 5.6 million out of poverty in 2021.

Statistic 57

29 states have no estate or inheritance tax.

Statistic 58

41 states impose individual income tax.

Statistic 59

Average state sales tax rate is 6.5%.

Statistic 60

TCJA reduced individual rates across brackets by avg 3%.

Statistic 61

Inflation Reduction Act allocated $80 billion to IRS.

Statistic 62

In fiscal year 2022, the U.S. Internal Revenue Service (IRS) collected a total of $4.896 trillion in tax revenue.

Statistic 63

Individual income taxes accounted for 50.4% of total U.S. federal tax receipts in FY 2022, totaling $2.468 trillion.

Statistic 64

Payroll taxes contributed 36.7% to U.S. federal revenues in 2022, amounting to $1.797 trillion.

Statistic 65

Corporate income taxes made up 8.5% of U.S. federal tax revenue in FY 2022, equaling $416 billion.

Statistic 66

Excise taxes generated $87 billion for the U.S. federal government in 2022.

Statistic 67

U.S. estate and gift taxes collected $32.8 billion in FY 2022.

Statistic 68

Total U.S. federal tax collections grew by 12.3% from FY 2021 to FY 2022.

Statistic 69

In 2021, the top 1% of U.S. taxpayers paid 42.3% of federal individual income taxes.

Statistic 70

The U.S. effective federal tax rate for the top 1% was 25.9% in 2021.

Statistic 71

Total U.S. individual income tax returns filed in 2021 numbered 153.6 million.

Statistic 72

U.S. gross collections from individual income taxes reached $2.2 trillion in 2021.

Statistic 73

Corporate tax returns filed in the U.S. in 2020 totaled 2.5 million.

Statistic 74

U.S. corporate tax liability was $297 billion in 2020.

Statistic 75

Payroll tax withholdings in the U.S. amounted to $1.6 trillion in 2022.

Statistic 76

U.S. customs duties collected $100 billion in FY 2022.

Statistic 77

State and local tax collections in the U.S. totaled $2.1 trillion in 2021.

Statistic 78

Property taxes accounted for 30% of U.S. state and local revenue in 2021.

Statistic 79

Sales taxes generated $523 billion for U.S. states in 2021.

Statistic 80

Individual income taxes made up 35% of state tax revenue in 2021.

Statistic 81

Corporate taxes contributed 5% to state revenues in 2021, totaling $50 billion.

Statistic 82

U.S. federal refundable tax credits paid out $277 billion in 2021.

Statistic 83

Total U.S. tax refunds issued in 2022 were $445 billion.

Statistic 84

Average U.S. federal tax refund in 2022 was $2,753.

Statistic 85

U.S. pass-through business income taxes totaled $400 billion in 2021.

Statistic 86

Capital gains taxes in the U.S. generated $200 billion in 2021.

Statistic 87

U.S. dividend income taxes collected $100 billion in 2021.

Statistic 88

Interest income reported on U.S. tax returns was $1.5 trillion in 2021.

Statistic 89

U.S. business receipts reported totaled $15 trillion on 2021 returns.

Statistic 90

Total deductions claimed on U.S. individual returns were $2.8 trillion in 2021.

Statistic 91

U.S. adjusted gross income (AGI) aggregated $14.8 trillion in 2021.

Statistic 92

The U.S. tax preparation industry employs over 1 million people.

Statistic 93

Revenue in the U.S. tax preparation market reached $13.4 billion in 2023.

Statistic 94

H&R Block served 22 million clients in 2023.

Statistic 95

Intuit's TurboTax generated $4.1 billion in revenue for FY 2023.

Statistic 96

60 million Americans used tax software in 2023.

Statistic 97

Average fee for professional tax preparation is $220 per return.

Statistic 98

75% of U.S. taxpayers with AGI under $100k use paid preparers.

Statistic 99

Number of paid tax preparers in U.S.: 800,000 in 2022.

Statistic 100

Tax prep services market grew 2.5% annually from 2018-2023.

Statistic 101

Online tax filing platforms captured 40% market share in 2023.

Statistic 102

CPA firms provide 30% of professional tax services.

Statistic 103

Enrolled Agents number 55,000 in the U.S.

Statistic 104

Tax prep franchise outlets: 5,000 in U.S.

Statistic 105

Average tax preparer salary: $55,000 annually.

Statistic 106

IRS PTIN holders: 740,000 active in 2023.

Statistic 107

Mobile tax prep apps users grew 15% YoY to 20 million.

Statistic 108

DIY tax software users: 50 million in 2023.

Statistic 109

Tax advisory services revenue: $10 billion in U.S. 2023.

Statistic 110

Big 4 firms dominate 20% of corporate tax services market.

Statistic 111

Free File program used by 3 million taxpayers in 2023.

1/111

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Imagine a single year where nearly five trillion dollars flows into government coffers, shaping everything from national defense to your local roads—that's the staggering scale of the U.S. tax system, a complex engine powered by millions of filings and fueled by our collective income, purchases, and profits.

Key Takeaways

In fiscal year 2022, the U.S. Internal Revenue Service (IRS) collected a total of $4.896 trillion in tax revenue.
Individual income taxes accounted for 50.4% of total U.S. federal tax receipts in FY 2022, totaling $2.468 trillion.
Payroll taxes contributed 36.7% to U.S. federal revenues in 2022, amounting to $1.797 trillion.
The IRS audit rate for U.S. individual returns was 0.4% in FY 2022.
IRS conducted 622,000 individual audits in FY 2022.
Corporate audit coverage by IRS was 0.9% in FY 2022.
The U.S. tax preparation industry employs over 1 million people.
Revenue in the U.S. tax preparation market reached $13.4 billion in 2023.
H&R Block served 22 million clients in 2023.
The U.S. top marginal income tax rate is 37% for incomes over $578,125.
Standard deduction for single filers is $13,850 in 2023.
Child Tax Credit is $2,000 per qualifying child under 17.
Global average statutory corporate tax rate is 23.51% in 2023.
OECD Pillar Two global minimum tax set at 15%.
U.S. multinational effective tax rate abroad is 13.1%.

The U.S. collected nearly $5 trillion in 2022 taxes, with income and payroll as the largest sources.

International Tax

Global average statutory corporate tax rate is 23.51% in 2023.
OECD Pillar Two global minimum tax set at 15%.
U.S. multinational effective tax rate abroad is 13.1%.
140 countries agreed to BEPS 2.0 framework.
Cross-border tax revenue losses estimated at $100-240B annually.
EU VAT gap averaged 6.4% of potential revenue in 2021.
UK's HMRC collected £1.6 trillion in 2022/23.
France's corporate tax rate is 25%.
Germany's VAT rate is 19% standard.
Japan's top individual rate is 55.97%.
India's GST collections hit 2.1 trillion INR in FY23.
Brazil's tax-to-GDP ratio is 33.7%.
China's VAT revenue was 7.5 trillion CNY in 2022.
Australia collected AUD 570 billion in taxes FY23.
Canada's GST/HST revenue: CAD 48 billion in 2022.
FATCA led to $15 billion in U.S. collections since 2010.
BEPS Action 13 CBC reporting adopted by 100 jurisdictions.
Global tax-to-GDP average is 23.1%.
Ireland's corporate rate 12.5%, attracting FDI.

International Tax Interpretation

The global tax game is a frantic dance of nations rewriting the rulebook to a 15% beat while some savvy players, having long mastered the art of the sidestep, still glide to an effective 13.1%.

Tax Compliance

The IRS audit rate for U.S. individual returns was 0.4% in FY 2022.
IRS conducted 622,000 individual audits in FY 2022.
Corporate audit coverage by IRS was 0.9% in FY 2022.
IRS collected $30.4 billion from enforcement actions in FY 2022.
U.S. tax gap estimated at $688 billion annually for TY 2017-2019.
Gross tax gap in U.S. was $496 billion after late payments for TY 2021.
Underreporting accounts for 82% of the U.S. tax gap.
Non-filing contributes 5% to the U.S. tax gap, totaling $35 billion.
Underpayment makes up 13% of U.S. tax gap at $90 billion annually.
Voluntary compliance rate for U.S. individual taxes is 83.8%.
U.S. corporate voluntary compliance rate is 80.3%.
IRS identified 1.2 million abusive tax schemes in FY 2022.
Offshore tax evasion recoveries by IRS totaled $1.3 billion in FY 2022.
IRS whistleblower awards paid $300 million since inception.
550 whistleblower awards issued by IRS through FY 2022.
Average IRS whistleblower award is $500,000.
IRS Criminal Investigation division closed 2,420 cases in FY 2022.
Tax fraud convictions averaged 90% success rate by IRS CI in 2022.
IRS levied $15 billion in penalties in FY 2022.
U.S. taxpayers filed 90% of returns electronically in 2022.
IRS processed 260 million returns in TY 2022.
Balance due notices issued by IRS: 10 million in FY 2022.
IRS liens filed: 500,000 in FY 2022.
U.S. tax preparer fraud cases investigated: 1,000 annually.

Tax Compliance Interpretation

While audit chances are a mere coin toss of 4 in 1,000, the IRS's $30 billion enforcement haul proves they prefer to catch a few big fish with a net rather than empty the ocean with a teaspoon.

Tax Policy

The U.S. top marginal income tax rate is 37% for incomes over $578,125.
Standard deduction for single filers is $13,850 in 2023.
Child Tax Credit is $2,000 per qualifying child under 17.
Corporate tax rate in U.S. is 21% post-TCJA.
Qualified Business Income deduction is 20% for pass-throughs.
Estate tax exemption is $12.92 million per individual in 2023.
Alternative Minimum Tax affects 0.1% of taxpayers.
Section 179 expensing limit is $1.16 million for 2023.
Opportunity Zones program created 9,000 since 2018.
R&D tax credit averages $10 billion annually.
Mortgage interest deduction cap at $750,000 debt.
SALT deduction capped at $10,000 post-TCJA.
Earned Income Tax Credit lifted 5.6 million out of poverty in 2021.
29 states have no estate or inheritance tax.
41 states impose individual income tax.
Average state sales tax rate is 6.5%.
TCJA reduced individual rates across brackets by avg 3%.
Inflation Reduction Act allocated $80 billion to IRS.

Tax Policy Interpretation

Our tax code is a masterclass in targeted generosity, lavishing breaks on businesses and estates while offering the common man a standard deduction that barely covers a decent used car, all policed by an IRS whose new funding is the only thing not subject to depreciation.

Tax Revenue

In fiscal year 2022, the U.S. Internal Revenue Service (IRS) collected a total of $4.896 trillion in tax revenue.
Individual income taxes accounted for 50.4% of total U.S. federal tax receipts in FY 2022, totaling $2.468 trillion.
Payroll taxes contributed 36.7% to U.S. federal revenues in 2022, amounting to $1.797 trillion.
Corporate income taxes made up 8.5% of U.S. federal tax revenue in FY 2022, equaling $416 billion.
Excise taxes generated $87 billion for the U.S. federal government in 2022.
U.S. estate and gift taxes collected $32.8 billion in FY 2022.
Total U.S. federal tax collections grew by 12.3% from FY 2021 to FY 2022.
In 2021, the top 1% of U.S. taxpayers paid 42.3% of federal individual income taxes.
The U.S. effective federal tax rate for the top 1% was 25.9% in 2021.
Total U.S. individual income tax returns filed in 2021 numbered 153.6 million.
U.S. gross collections from individual income taxes reached $2.2 trillion in 2021.
Corporate tax returns filed in the U.S. in 2020 totaled 2.5 million.
U.S. corporate tax liability was $297 billion in 2020.
Payroll tax withholdings in the U.S. amounted to $1.6 trillion in 2022.
U.S. customs duties collected $100 billion in FY 2022.
State and local tax collections in the U.S. totaled $2.1 trillion in 2021.
Property taxes accounted for 30% of U.S. state and local revenue in 2021.
Sales taxes generated $523 billion for U.S. states in 2021.
Individual income taxes made up 35% of state tax revenue in 2021.
Corporate taxes contributed 5% to state revenues in 2021, totaling $50 billion.
U.S. federal refundable tax credits paid out $277 billion in 2021.
Total U.S. tax refunds issued in 2022 were $445 billion.
Average U.S. federal tax refund in 2022 was $2,753.
U.S. pass-through business income taxes totaled $400 billion in 2021.
Capital gains taxes in the U.S. generated $200 billion in 2021.
U.S. dividend income taxes collected $100 billion in 2021.
Interest income reported on U.S. tax returns was $1.5 trillion in 2021.
U.S. business receipts reported totaled $15 trillion on 2021 returns.
Total deductions claimed on U.S. individual returns were $2.8 trillion in 2021.
U.S. adjusted gross income (AGI) aggregated $14.8 trillion in 2021.

Tax Revenue Interpretation

The sheer scale of the American tax system is staggering, painting a picture where a towering $4.9 trillion is collected, half shouldered by individuals and a full 42.3% of the income tax bill paid by the top 1%, all while the average person awaits a nearly $3,000 refund.

Tax Services Industry

The U.S. tax preparation industry employs over 1 million people.
Revenue in the U.S. tax preparation market reached $13.4 billion in 2023.
H&R Block served 22 million clients in 2023.
Intuit's TurboTax generated $4.1 billion in revenue for FY 2023.
60 million Americans used tax software in 2023.
Average fee for professional tax preparation is $220 per return.
75% of U.S. taxpayers with AGI under $100k use paid preparers.
Number of paid tax preparers in U.S.: 800,000 in 2022.
Tax prep services market grew 2.5% annually from 2018-2023.
Online tax filing platforms captured 40% market share in 2023.
CPA firms provide 30% of professional tax services.
Enrolled Agents number 55,000 in the U.S.
Tax prep franchise outlets: 5,000 in U.S.
Average tax preparer salary: $55,000 annually.
IRS PTIN holders: 740,000 active in 2023.
Mobile tax prep apps users grew 15% YoY to 20 million.
DIY tax software users: 50 million in 2023.
Tax advisory services revenue: $10 billion in U.S. 2023.
Big 4 firms dominate 20% of corporate tax services market.
Free File program used by 3 million taxpayers in 2023.

Tax Services Industry Interpretation

The sheer scale and complexity of the U.S. tax code has successfully monetized national confusion, creating a booming $13 billion industry where millions willingly pay a premium to navigate a system so daunting that even the promise of free filing feels like a niche hobby.

Sources & References

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