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2016 ranking of companies that pay the most corporate tax

Companies paying the most tax on their profits for the fiscal year 2016, according to the tax charge from their annual accounts.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2016·Calculated on 2026-11-08· 21509 companies ranked
Metric : income tax for the fiscal year 2016 (published annual accounts), companies with a positive tax liability. Currency : Amounts converted into US dollars at the exchange rate of the day of calculation; the amount in the currency of the accounts is repeated under each value. Only companies whose data is published are ranked: a missing value excludes the company, it is never replaced by zero or estimated.
#EnterpriseMarketSector Corporate tax (USD)
1Contango Ore, Inc.CTGO🇺🇸United StatesBasic Materials1 933 billion $
2Saudi Arabian Oil Company2222.SR🇸🇦OthersEnergy68,07 billion $255,25 Bn SAR
3Apple Inc.AAPL🇺🇸United StatesTechnology15,69 billion $
4Industrial and Commercial Bank of China LimitedIDCBF🇨🇳ChinaFinancial Services12,62 billion $84,17 billion CN¥
5Industrial & Commercial Bank of China Ltd.IDCBY🇨🇳ChinaFinancial Services12,62 billion $84,17 billion CN¥
6Wells Fargo & CompanyWFC🇺🇸United StatesFinancial Services10,07 billion $
7JPMorgan Chase & Co.JPM🇺🇸United StatesFinancial Services9,80 billion $
8China Construction Bank CorporationCICHY🇨🇳ChinaFinancial Services9,42 billion $62,82 billion CN¥
9Berkshire Hathaway Inc.BRK-B🇺🇸United StatesFinancial Services9,24 billion $
10Altria Group, Inc.MO🇺🇸United StatesConsumer Defensive7,61 billion $
11Verizon Communications Inc.VZ🇺🇸United StatesCommunication Services7,38 billion $
12Bank of America CorporationBAC🇺🇸United StatesFinancial Services7,20 billion $
13Walmart Inc.WMT🇺🇸United StatesConsumer Defensive6,56 billion $
14AT&T Inc.T🇺🇸United StatesCommunication Services6,48 billion $
15Citigroup Inc.C🇺🇸United StatesFinancial Services6,44 billion $
16Agricultural Bank of China LimitedACGBF🇨🇳ChinaFinancial Services6,38 billion $42,56 billion CN¥
17Federal National Mortgage AssociationFNMAS🇺🇸United StatesFinancial Services6,02 billion $
18Samsung Electronics Co., Ltd.SSNLF🇰🇷KoreaTechnology5,86 billion $7 988 Md₩
19Bank of China LimitedBACHF🇨🇳ChinaFinancial Services5,75 billion $38,36 billion CN¥
20Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical5,54 billion $878,27 Bn¥
21Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive5,38 billion $4,41 Bn CHF
22China Mobile Limited600941.SS🇭🇰Hong KongCommunication Services5,34 billion $35,62 billion CN¥
23Comcast Holdings Corp.CCZ🇺🇸United StatesCommunication Services5,31 billion $
24Comcast CorporationCMCSA🇺🇸United StatesCommunication Services5,31 billion $
25Microsoft CorporationMSFT🇺🇸United StatesTechnology5,10 billion $
26The Walt Disney CompanyDIS🇺🇸United StatesCommunication Services5,08 billion $
27UnitedHealth Group IncorporatedUNH🇺🇸United StatesHealthcare4,79 billion $
28Vodafone Group Public Limited CompanyVOD🇬🇧United KingdomCommunication Services4,76 billion $4,27 Md€
29Alphabet Inc.GOOG🇺🇸United StatesTechnology4,67 billion $
30The Home Depot, Inc.HD🇺🇸United StatesConsumer Cyclical4,53 billion $
31Mercedes-Benz Group AGMBG.DE🇩🇪GermanyConsumer Cyclical4,23 billion $3,79 Md€
32Roche Holding AGRO.SW🇨🇭EuropeHealthcare3,99 billion $3,27 Bn CHF
33Federal Home Loan Mortgage CorporationFMCC🇺🇸United StatesFinancial Services3,82 billion $
34HSBC Holdings plcHSBC🇬🇧United KingdomFinancial Services3,67 billion $
35Banco Santander, S.A.SAN.MC🇪🇸EuropeFinancial Services3,66 billion $3,28 Md€
36Gilead Sciences, Inc.GILD🇺🇸United StatesHealthcare3,61 billion $
37Lument Finance Trust, Inc.LFT🇺🇸United StatesReal Estate3,52 billion $
38PJSC GazpromGAZP.ME🇷🇺OthersEnergy3,52 billion $288,03 billion ₽
39Banco Macro S.A.BMA🇦🇷OthersFinancial Services3,48 billion $
40BNP Paribas S.A.BNP.PA🇫🇷FranceFinancial Services3,45 billion $3,10 Md€
41Allianz SEALV.DE🇩🇪GermanyFinancial Services3,44 billion $3,08 Md€
42The Procter & Gamble CompanyPG🇺🇸United StatesConsumer Defensive3,34 billion $
43CVS Health CorporationCVS🇺🇸United StatesHealthcare3,32 billion $
44Ping An Insurance (Group) Company of China, Ltd.PIAIF🇨🇳ChinaFinancial Services3,30 billion $22,04 billion CN¥
45Johnson & JohnsonJNJ🇺🇸United StatesHealthcare3,26 billion $
46China Petroleum & Chemical CorporationSNPMF🇨🇳ChinaEnergy3,10 billion $20,71 billion CN¥
47Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical3,07 billion $2,75 Md€
48The Goldman Sachs Group, Inc.GS🇺🇸United StatesFinancial Services2,91 billion $
49Mitsubishi UFJ Financial Group, Inc.MUFG🇯🇵JapanFinancial Services2,90 billion $460,20 Bn¥
50China Evergrande GroupEGRNF🇨🇳ChinaReal Estate2,88 billion $19,25 billion CN¥
51Spectral Capital CorporationFCCN🇺🇸United StatesTechnology2,83 billion $
52Vale S.A.VALE🇧🇷OthersBasic Materials2,78 billion $
53Philip Morris International Inc.PM🇺🇸United StatesConsumer Defensive2,77 billion $
54Bank of Communications Co., Ltd.BKFCF🇨🇳ChinaFinancial Services2,77 billion $18,46 billion CN¥
55Morgan StanleyMS🇺🇸United StatesFinancial Services2,73 billion $
56Equinor ASAEQNR.OL🇳🇴EuropeEnergy2,72 billion $
57AXA S.A.CS.PA🇫🇷FranceFinancial Services2,72 billion $2,44 Md€
58SoftBank Group Corp.SFTBF🇯🇵JapanCommunication Services2,67 billion $422,68 Bn¥
59American Express CompanyAXP🇺🇸United StatesFinancial Services2,67 billion $
60Intel CorporationINTC🇺🇸United StatesTechnology2,62 billion $
61Oracle CorporationORCL🇺🇸United StatesTechnology2,54 billion $
62Christian Dior SECDI.PA🇫🇷FranceConsumer Cyclical2,54 billion $2,27 Md€
63Union Pacific CorporationUNP🇺🇸United StatesIndustrials2,53 billion $
64Banco Bradesco S.A.BBD🇧🇷OthersFinancial Services2,53 billion $13,91 billion R$
65Itaú Unibanco Holding S.A.ITUB🇧🇷OthersFinancial Services2,49 billion $13,66 billion R$
66China Merchants Bank Co., Ltd.CIHKY🇺🇸United StatesFinancial Services2,49 billion $16,58 billion CN¥
67Korea Electric Power CorporationKEP🇰🇷KoreaUtilities2,47 billion $3 365 Md₩
68Shanghai Pudong Development Bank Co., Ltd.600000.SS🇨🇳ChinaFinancial Services2,44 billion $16,30 billion CN¥
69General Motors CompanyGM🇺🇸United StatesConsumer Cyclical2,42 billion $
70China Overseas Land & Investment LimitedCAOVF🇭🇰Hong KongReal Estate2,39 billion $18,71 HK$ Bn
71LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMC.PA🇫🇷FranceConsumer Cyclical2,38 billion $2,13 Md€
72PetroChina Company LimitedPCCYF🇺🇸United StatesEnergy2,37 billion $15,78 billion CN¥
73CITIC LimitedCTPCF🇭🇰Hong KongIndustrials2,35 billion $18,40 HK$ Bn
74Commonwealth Bank of AustraliaCMWAY🇦🇺AustraliaFinancial Services2,34 billion $3,40 Bn AU$
75Lloyds Banking Group plcLYG🇬🇧United KingdomFinancial Services2,30 billion $1,72 Bn£
76Meta Platforms, Inc.META🇺🇸United StatesTechnology2,30 billion $
77NTT, Inc.NPPXF🇯🇵JapanCommunication Services2,24 billion $354,82 Bn¥
78Siemens AGSIE.DE🇩🇪GermanyIndustrials2,24 billion $2,01 Md€
79Enel S.p.A.ENEL.MI🇮🇹EuropeUtilities2,22 billion $1,99 Md€
80Société Générale S.A.GLE.PA🇫🇷FranceFinancial Services2,20 billion $1,97 Md€
81Westpac Banking CorporationWEBNF🇦🇺AustraliaFinancial Services2,19 billion $3,18 Bn AU$
82Ford Motor CompanyF🇺🇸United StatesConsumer Cyclical2,18 billion $
83Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology2,18 billion $
84McDonald's CorporationMCD🇺🇸United StatesConsumer Cyclical2,18 billion $
85Exor N.V.EXO.AS🇳🇱EuropeConsumer Cyclical2,18 billion $1,95 Md€
86PepsiCo, Inc.PEP🇺🇸United StatesConsumer Defensive2,17 billion $
87U.S. BancorpUSB🇺🇸United StatesFinancial Services2,16 billion $
88Eni S.p.A.ENI.MI🇮🇹EuropeEnergy2,16 billion $1,94 Md€
89Delta Air Lines, Inc.DAL🇺🇸United StatesIndustrials2,16 billion $
90Unilever PLCUL🇬🇧United KingdomConsumer Defensive2,14 billion $1,92 Md€
91Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical2,13 billion $1,91 Md€
92Lowe's Companies, Inc.LOW🇺🇸United StatesConsumer Cyclical2,11 billion $
93BHP Group LimitedBHPLF🇺🇸United StatesBasic Materials2,10 billion $
94Elevance Health Inc.ELV🇺🇸United StatesHealthcare2,09 billion $
95China Resources Land LimitedCRBJY🇭🇰Hong KongReal Estate2,03 billion $15,89 HK$ Bn
96Visa Inc.V🇺🇸United StatesFinancial Services2,02 billion $
97Royal Bank of CanadaRY🇨🇦CanadaFinancial Services2,01 billion $2,84 Bn CA$
983M CompanyMMM🇺🇸United StatesIndustrials2,00 billion $
99AbbVie Inc.ABBV🇺🇸United StatesHealthcare1,93 billion $
100China CITIC Bank Corporation LimitedCHBJF🇨🇳ChinaFinancial Services1,92 billion $12,82 billion CN¥
Raw data (JSON)

⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.

Frequently Asked Questions

About this ranking

How is this 2016 ranking established?
It ranks companies according to their corporate tax on fiscal year 2016, based on annual accounts and published data. No value is estimated: a company without this data is simply excluded.
Are the amounts comparable between countries?
Yes: amounts are converted to US dollars at the exchange rate of the calculation day, and the amount in the account currency is repeated under each value.
Is this ranking investment advice?
No. It is provided purely for informational purposes and does not constitute investment advice. Investing involves the risk of capital loss.

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