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2023 ranking of companies that pay the most corporate tax

Companies paying the most tax on their profits for the fiscal year 2023, according to the tax charge from their annual accounts.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2023·Calculated on 2026-11-08· 24853 companies ranked
Metric : income tax for the fiscal year 2023 (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🇸🇦OthersEnergy115,55 billion $433,30 Bn SAR
2Equinor ASAEQNR.OL🇳🇴EuropeEnergy25,98 billion $
3Berkshire Hathaway Inc.BRK-B🇺🇸United StatesFinancial Services23,02 billion $
4Microsoft CorporationMSFT🇺🇸United StatesTechnology16,95 billion $
5Apple Inc.AAPL🇺🇸United StatesTechnology16,74 billion $
6Exxon Mobil CorporationXOM🇺🇸United StatesEnergy15,43 billion $
7Exxonmobil Holdings CorporationXOM.MX🌍OthersEnergy15,43 billion $
8Exxonmobil Holdings Corporation Shs -CAD hedged- Canadian Depositary Receipt Repr Shs Reg SXOM.NE🇨🇦CanadaEnergy15,43 billion $
9TotalEnergies SETTE.PA🇫🇷FranceEnergy13,30 billion $
10Shell plcSHEL🇬🇧United KingdomEnergy12,99 billion $
11JPMorgan Chase & Co.JPM🇺🇸United StatesFinancial Services12,06 billion $
12Alphabet Inc.GOOG🇺🇸United StatesTechnology11,92 billion $
13PetroChina Company LimitedPCCYF🇺🇸United StatesEnergy8,59 billion $57,32 billion CN¥
14China Construction Bank CorporationCICHY🇨🇳ChinaFinancial Services8,53 billion $56,92 billion CN¥
15Industrial and Commercial Bank of China LimitedIDCBF🇨🇳ChinaFinancial Services8,52 billion $56,85 billion CN¥
16Industrial & Commercial Bank of China Ltd.IDCBY🇨🇳ChinaFinancial Services8,52 billion $56,85 billion CN¥
17Meta Platforms, Inc.META🇺🇸United StatesTechnology8,33 billion $
18Chevron CorporationCVX🇺🇸United StatesEnergy8,17 billion $
19BP p.l.c.BP🇬🇧United KingdomEnergy8,00 billion $
20Aker BP ASAAKRBP.OL🇳🇴EuropeEnergy7,43 billion $
21Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical7,42 billion $1 176 Bn¥
22Bank of China LimitedBACHF🇨🇳ChinaFinancial Services7,38 billion $49,24 billion CN¥
23CNOOC Limited600938.SS🇨🇳ChinaEnergy7,33 billion $48,88 billion CN¥
24Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical7,12 billion $
25BHP Group LimitedBHPLF🇺🇸United StatesBasic Materials7,08 billion $
26Tencent Holdings LimitedTCEHY🇨🇳ChinaCommunication Services6,49 billion $43,28 billion CN¥
27Christian Dior SECDI.PA🇫🇷FranceConsumer Cyclical6,36 billion $5,71 Md€
28LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMC.PA🇫🇷FranceConsumer Cyclical6,32 billion $5,67 Md€
29Mercedes-Benz Group AGMBG.DE🇩🇪GermanyConsumer Cyclical6,19 billion $5,55 Md€
30Eni S.p.A.ENI.MI🇮🇹EuropeEnergy5,98 billion $5,37 Md€
31UnitedHealth Group IncorporatedUNH🇺🇸United StatesHealthcare5,97 billion $
32Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical5,84 billion $5,24 Md€
33Inpex CorporationIPXHY🇺🇸United StatesEnergy5,81 billion $920,81 Bn¥
34Sberbank of RussiaSBER.ME🇷🇺OthersFinancial Services5,81 billion $476,10 billion ₽
35HSBC Holdings plcHSBC🇬🇧United KingdomFinancial Services5,79 billion $
36China Mobile Limited600941.SS🇭🇰Hong KongCommunication Services5,79 billion $38,60 billion CN¥
37Walmart Inc.WMT🇺🇸United StatesConsumer Defensive5,72 billion $
38Agricultural Bank of China LimitedACGBF🇨🇳ChinaFinancial Services5,64 billion $37,60 billion CN¥
39Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical5,50 billion $4,93 Md€
40Comcast Holdings Corp.CCZ🇺🇸United StatesCommunication Services5,37 billion $
41Comcast CorporationCMCSA🇺🇸United StatesCommunication Services5,37 billion $
42ConocoPhillipsCOP🇺🇸United StatesEnergy5,33 billion $
43PJSC Rosneft Oil CompanyROSN.ME🇷🇺OthersEnergy5,22 billion $428,00 billion ₽
44Bank of Japan8301.T🇯🇵JapanFinancial Services4,94 billion $782,89 Bn¥
45Verizon Communications Inc.VZ🇺🇸United StatesCommunication Services4,89 billion $
46The Home Depot, Inc.HD🇺🇸United StatesConsumer Cyclical4,78 billion $
47Banco Santander, S.A.SAN.MC🇪🇸EuropeFinancial Services4,77 billion $4,28 Md€
48Federal National Mortgage AssociationFNMAS🇺🇸United StatesFinancial Services4,55 billion $
49Banco Bilbao Vizcaya Argentaria, S.A.BBVA.MC🇪🇸EuropeFinancial Services4,46 billion $4,00 Md€
50China Resources Land LimitedCRBJY🇭🇰Hong KongReal Estate4,37 billion $29,13 billion CN¥
51Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼TaiwanTechnology4,31 billion $141,40 Bn NT$
52China Merchants Bank Co., Ltd.CIHKY🇺🇸United StatesFinancial Services4,29 billion $28,61 billion CN¥
53AT&T Inc.T🇺🇸United StatesCommunication Services4,22 billion $
54Deutsche Telekom AGDTE.DE🇩🇪GermanyCommunication Services4,09 billion $3,67 Md€
55Kweichow Moutai Co., Ltd.600519.SS🇨🇳ChinaConsumer Defensive3,92 billion $26,14 billion CN¥
56Rio Tinto GroupRTNTF🇬🇧United KingdomBasic Materials3,83 billion $
57Visa Inc.V🇺🇸United StatesFinancial Services3,76 billion $
58BNP Paribas S.A.BNP.PA🇫🇷FranceFinancial Services3,64 billion $3,27 Md€
59The Procter & Gamble CompanyPG🇺🇸United StatesConsumer Defensive3,62 billion $
60Ecopetrol S.A.EC🇨🇴OthersEnergy3,55 billion $11 516 Bn COP
61Citigroup Inc.C🇺🇸United StatesFinancial Services3,53 billion $
62Hyundai Motor Company005389.KS🇰🇷KoreaConsumer Cyclical3,39 billion $4 627 Md₩
63Intesa Sanpaolo S.p.A.ISP.MI🇮🇹EuropeFinancial Services3,34 billion $2,99 Md€
64NTT, Inc.NPPXF🇯🇵JapanCommunication Services3,31 billion $524,92 Bn¥
65ING Groep N.V.INGA.AS🇳🇱EuropeFinancial Services3,31 billion $2,97 Md€
66Surgutneftegas Public Joint Stock CompanySNGSP.ME🇷🇺OthersEnergy3,29 billion $269,90 billion ₽
67Centrica plcCPYYY🇬🇧United KingdomUtilities3,25 billion $2,43 Bn£
68Novo Nordisk A/SNOVO-B.CO🇩🇰EuropeHealthcare3,13 billion $20,99 Bn DKK
69Enel S.p.A.ENEL.MI🇮🇹EuropeUtilities3,10 billion $2,78 Md€
70Vale S.A.VALE🇧🇷OthersBasic Materials3,05 billion $
71PJSC LukoilLKOH.ME🇷🇺OthersEnergy3,03 billion $248,08 billion ₽
72OMV AGOMV.VI🇦🇹EuropeEnergy3,00 billion $2,69 Md€
73China State Construction Engineering Corporation Limited601668.SS🇨🇳ChinaIndustrials2,92 billion $19,46 billion CN¥
74Siemens AGSIE.DE🇩🇪GermanyIndustrials2,90 billion $2,60 Md€
75Deere & CompanyDE🇺🇸United StatesIndustrials2,87 billion $
76Kia Corporation000270.KS🇰🇷KoreaConsumer Cyclical2,86 billion $3 900 Md₩
77Commonwealth Bank of AustraliaCMWAY🇦🇺AustraliaFinancial Services2,85 billion $4,14 Bn AU$
78Allianz SEALV.DE🇩🇪GermanyFinancial Services2,84 billion $2,55 Md€
79Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive2,82 billion $2,31 Bn CHF
80Marathon Petroleum CorporationMPC🇺🇸United StatesEnergy2,82 billion $
81CVS Health CorporationCVS🇺🇸United StatesHealthcare2,81 billion $
82Altria Group, Inc.MO🇺🇸United StatesConsumer Defensive2,80 billion $
83Caterpillar Inc.CAT🇺🇸United StatesIndustrials2,78 billion $
84Vår Energi ASVAR.OL🇳🇴EuropeEnergy2,75 billion $
85Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology2,71 billion $
86RWE AGRWE.DE🇩🇪GermanyUtilities2,69 billion $2,41 Md€
87T-Mobile US, Inc.TMUS🇺🇸United StatesCommunication Services2,68 billion $
88Federal Home Loan Mortgage CorporationFMCC🇺🇸United StatesFinancial Services2,66 billion $
89Lloyds Banking Group plcLYG🇬🇧United KingdomFinancial Services2,65 billion $1,99 Bn£
90China Shenhua Energy Company LimitedCSUAY🇺🇸United StatesEnergy2,64 billion $17,58 billion CN¥
91Valero Energy CorporationVLO🇺🇸United StatesEnergy2,62 billion $
92Wells Fargo & CompanyWFC🇺🇸United StatesFinancial Services2,61 billion $
93Morgan StanleyMS🇺🇸United StatesFinancial Services2,58 billion $
94Mitsubishi CorporationMTSUY🇯🇵JapanIndustrials2,58 billion $409,13 Bn¥
95CITIC LimitedCTPCF🇭🇰Hong KongIndustrials2,53 billion $19,86 HK$ Bn
96Royal Bank of CanadaRY🇨🇦CanadaFinancial Services2,53 billion $3,57 Bn CA$
97Cheniere Energy, Inc.LNG🇺🇸United StatesEnergy2,52 billion $
98Porsche AG VzP911.DE🇩🇪GermanyConsumer Cyclical2,47 billion $2,22 Md€
99Crédit Agricole S.A.ACA.PA🇫🇷FranceFinancial Services2,45 billion $2,20 Md€
100Unilever PLCUL🇬🇧United KingdomConsumer Defensive2,45 billion $2,20 Md€
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 2023 ranking established?
It ranks companies according to their corporate tax on fiscal year 2023, 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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