Investlytic Rankings

2019 ranking of companies that pay the most corporate tax

Companies paying the most tax on their profits for the fiscal year 2019, according to the tax charge from their annual accounts.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2019·Calculated on 2026-11-08· 24880 companies ranked
Metric : income tax for the fiscal year 2019 (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)
1Saudi Arabian Oil Company2222.SR🇸🇦OthersEnergy89,61 billion $336,05 Bn SAR
2Berkshire Hathaway Inc.BRK-B🇺🇸United StatesFinancial Services20,90 billion $
3Industrial and Commercial Bank of China LimitedIDCBF🇨🇳ChinaFinancial Services11,76 billion $78,43 billion CN¥
4Industrial & Commercial Bank of China Ltd.IDCBY🇨🇳ChinaFinancial Services11,76 billion $78,43 billion CN¥
5Apple Inc.AAPL🇺🇸United StatesTechnology10,48 billion $
6Shell plcSHEL🇬🇧United KingdomEnergy9,05 billion $
7China Construction Bank CorporationCICHY🇨🇳ChinaFinancial Services8,60 billion $57,38 billion CN¥
8JPMorgan Chase & Co.JPM🇺🇸United StatesFinancial Services8,44 billion $
9Agricultural Bank of China LimitedACGBF🇨🇳ChinaFinancial Services8,04 billion $53,65 billion CN¥
10Equinor ASAEQNR.OL🇳🇴EuropeEnergy7,44 billion $
11Bank of China LimitedBACHF🇨🇳ChinaFinancial Services7,31 billion $48,75 billion CN¥
12Samsung Electronics Co., Ltd.SSNLF🇰🇷KoreaTechnology6,38 billion $8 693 Md₩
13Meta Platforms, Inc.META🇺🇸United StatesTechnology6,33 billion $
14Eni S.p.A.ENI.MI🇮🇹EuropeEnergy6,23 billion $5,59 Md€
15China Evergrande GroupEGRNF🇨🇳ChinaReal Estate6,09 billion $40,63 billion CN¥
16TotalEnergies SETTE.PA🇫🇷FranceEnergy5,87 billion $
17Wells Fargo & CompanyWFC🇺🇸United StatesFinancial Services5,76 billion $
18Country Garden Holdings Company Limited2007.HK🇨🇳ChinaReal Estate5,66 billion $37,74 billion CN¥
19BHP Group LimitedBHPLF🇺🇸United StatesBasic Materials5,53 billion $
20PetroChina Company LimitedPCCYF🇺🇸United StatesEnergy5,43 billion $36,20 billion CN¥
21Bank of America CorporationBAC🇺🇸United StatesFinancial Services5,32 billion $
22China Mobile Limited600941.SS🇭🇰Hong KongCommunication Services5,30 billion $35,34 billion CN¥
23Alphabet Inc.GOOG🇺🇸United StatesTechnology5,28 billion $
24Exxon Mobil CorporationXOM🇺🇸United StatesEnergy5,28 billion $
25Exxonmobil Holdings CorporationXOM.MX🌍OthersEnergy5,28 billion $
26Exxonmobil Holdings Corporation Shs -CAD hedged- Canadian Depositary Receipt Repr Shs Reg SXOM.NE🇨🇦CanadaEnergy5,28 billion $
27Banco Santander, S.A.SAN.MC🇪🇸EuropeFinancial Services4,94 billion $4,43 Md€
28Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical4,82 billion $4,33 Md€
29HSBC Holdings plcHSBC🇬🇧United KingdomFinancial Services4,64 billion $
30Microsoft CorporationMSFT🇺🇸United StatesTechnology4,45 billion $
31Citigroup Inc.C🇺🇸United StatesFinancial Services4,43 billion $
32PJSC GazpromGAZP.ME🇷🇺OthersEnergy4,36 billion $357,55 billion ₽
33Walmart Inc.WMT🇺🇸United StatesConsumer Defensive4,28 billion $
34Petróleo Brasileiro S.A. - PetrobrasPBR🇧🇷OthersEnergy4,20 billion $
35Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical4,17 billion $659,94 Bn¥
36Rio Tinto GroupRTNTF🇬🇧United KingdomBasic Materials4,15 billion $
37China Resources Land LimitedCRBJY🇭🇰Hong KongReal Estate3,99 billion $26,65 billion CN¥
38BP p.l.c.BP🇬🇧United KingdomEnergy3,98 billion $
39Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive3,85 billion $3,16 Bn CHF
40China Overseas Land & Investment LimitedCAOVF🇭🇰Hong KongReal Estate3,77 billion $25,18 billion CN¥
41UnitedHealth Group IncorporatedUNH🇺🇸United StatesHealthcare3,74 billion $
42CNOOC Limited600938.SS🇨🇳ChinaEnergy3,69 billion $24,60 billion CN¥
43Comcast Holdings Corp.CCZ🇺🇸United StatesCommunication Services3,67 billion $
44Comcast CorporationCMCSA🇺🇸United StatesCommunication Services3,67 billion $
45China Merchants Bank Co., Ltd.CIHKY🇺🇸United StatesFinancial Services3,55 billion $23,71 billion CN¥
46AT&T Inc.T🇺🇸United StatesCommunication Services3,49 billion $
47The Home Depot, Inc.HD🇺🇸United StatesConsumer Cyclical3,47 billion $
48Federal National Mortgage AssociationFNMAS🇺🇸United StatesFinancial Services3,42 billion $
49NTT, Inc.NPPXF🇯🇵JapanCommunication Services3,37 billion $533,17 Bn¥
50LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMC.PA🇫🇷FranceConsumer Cyclical3,27 billion $2,93 Md€
51China Vanke Co., Ltd.CHVKF🇨🇳ChinaReal Estate3,21 billion $21,41 billion CN¥
52Christian Dior SECDI.PA🇫🇷FranceConsumer Cyclical3,20 billion $2,87 Md€
53BNP Paribas S.A.BNP.PA🇫🇷FranceFinancial Services3,13 billion $2,81 Md€
54QUALCOMM IncorporatedQCOM🇺🇸United StatesTechnology3,10 billion $
55Allianz SEALV.DE🇩🇪GermanyFinancial Services3,09 billion $2,78 Md€
56Ping An Insurance (Group) Company of China, Ltd.PIAIF🇨🇳ChinaFinancial Services3,05 billion $20,37 billion CN¥
57Roche Holding AGRO.SW🇨🇭EuropeHealthcare3,05 billion $2,51 Bn CHF
58The Walt Disney CompanyDIS🇺🇸United StatesCommunication Services3,03 billion $
59Intel CorporationINTC🇺🇸United StatesTechnology3,01 billion $
60Inpex CorporationIPXHY🇺🇸United StatesEnergy3,01 billion $476,60 Bn¥
61Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology2,95 billion $
62Verizon Communications Inc.VZ🇺🇸United StatesCommunication Services2,94 billion $
63Deutsche Bank AGDBK.DE🇩🇪GermanyFinancial Services2,93 billion $2,63 Md€
64Longfor Group Holdings LimitedLNGPF🇨🇳ChinaReal Estate2,91 billion $19,41 billion CN¥
65Visa Inc.V🇺🇸United StatesFinancial Services2,80 billion $
66Anheuser-Busch InBev SA/NVABI.BR🇧🇪EuropeConsumer Defensive2,79 billion $
67British American Tobacco p.l.c.BTI🇬🇧United KingdomConsumer Defensive2,75 billion $2,06 Bn£
68América Móvil, S.A.B. de C.V.AMX🇲🇽OthersCommunication Services2,74 billion $51,03 billion MX$
69China State Construction Engineering Corporation Limited601668.SS🇨🇳ChinaIndustrials2,74 billion $18,26 billion CN¥
70Sberbank of RussiaSBER.ME🇷🇺OthersFinancial Services2,73 billion $223,90 billion ₽
71Chevron CorporationCVX🇺🇸United StatesEnergy2,69 billion $
72China Petroleum & Chemical CorporationSNPMF🇨🇳ChinaEnergy2,69 billion $17,94 billion CN¥
73Airbus SEEADSF🇳🇱EuropeIndustrials2,66 billion $2,39 Md€
74Unilever PLCUL🇬🇧United KingdomConsumer Defensive2,52 billion $2,26 Md€
75Alibaba Group Holding LimitedBABAF🇨🇳ChinaConsumer Cyclical2,48 billion $16,55 billion CN¥
76Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical2,39 billion $2,14 Md€
77Kering S.A.KER.PA🇫🇷FranceConsumer Cyclical2,38 billion $2,13 Md€
78Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical2,37 billion $
79CVS Health CorporationCVS🇺🇸United StatesHealthcare2,37 billion $
80PJSC Rosneft Oil CompanyROSN.ME🇷🇺OthersEnergy2,34 billion $192,00 billion ₽
81Philip Morris International Inc.PM🇺🇸United StatesConsumer Defensive2,29 billion $
82CITIC LimitedCTPCF🇭🇰Hong KongIndustrials2,27 billion $17,83 HK$ Bn
83China Shenhua Energy Company LimitedCSUAY🇺🇸United StatesEnergy2,27 billion $15,14 billion CN¥
84ConocoPhillipsCOP🇺🇸United StatesEnergy2,27 billion $
85Commonwealth Bank of AustraliaCMWAY🇦🇺AustraliaFinancial Services2,24 billion $3,25 Bn AU$
86Oil and Natural Gas Corporation LimitedONGC.NS🇮🇳IndiaEnergy2,23 billion $209,08 Bn₹
87Deutsche Telekom AGDTE.DE🇩🇪GermanyCommunication Services2,22 billion $1,99 Md€
88Kweichow Moutai Co., Ltd.600519.SS🇨🇳ChinaConsumer Defensive2,22 billion $14,81 billion CN¥
89Johnson & JohnsonJNJ🇺🇸United StatesHealthcare2,21 billion $
90ING Groep N.V.INGA.AS🇳🇱EuropeFinancial Services2,18 billion $1,96 Md€
91Banco Bilbao Vizcaya Argentaria, S.A.BBVA.MC🇪🇸EuropeFinancial Services2,17 billion $1,94 Md€
92Sunac China Holdings Limited1918.HK🇨🇳ChinaReal Estate2,16 billion $14,39 billion CN¥
93Royal Bank of CanadaRY🇨🇦CanadaFinancial Services2,16 billion $3,04 Bn CA$
94The Goldman Sachs Group, Inc.GS🇺🇸United StatesFinancial Services2,12 billion $
95The Procter & Gamble CompanyPG🇺🇸United StatesConsumer Defensive2,10 billion $
96Sumitomo Mitsui Financial Group, Inc.SMFNF🇯🇵JapanFinancial Services2,09 billion $331,42 Bn¥
97Morgan StanleyMS🇺🇸United StatesFinancial Services2,06 billion $
98Altria Group, Inc.MO🇺🇸United StatesConsumer Defensive2,06 billion $
99Vonovia SEVNA.DE🇩🇪GermanyReal Estate2,06 billion $1,84 Md€
100KDDI CorporationKDDIY🇯🇵JapanCommunication Services2,05 billion $325,30 Bn¥

⚠ 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 2019 ranking established?
It ranks companies according to their corporate tax on fiscal year 2019, 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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