Companies That Pay the Most in Taxes

How This List Is Built

Companies ranked by the income tax expense reported on their last twelve months of income statements, converted to US dollars. The largest corporate taxpayers by their own filings.

We sum income tax expense from the latest four quarterly income statements, convert to US dollars at daily exchange rates, and rank descending. Refreshed nightly.

Frequently Asked Questions

Is this taxes actually paid or the accounting expense?

It is the income tax expense (the provision for income taxes) reported on the income statement, which can differ from cash taxes paid in a given period due to timing and deferrals. It is the figure shown in the financial statements.

Why can a company show a negative or tiny tax figure?

A loss-making year can produce a tax benefit rather than an expense, and credits or deferrals can lower the provision. Those companies rank near the bottom; this board surfaces the largest positive taxpayers.