Investlytic Rankings

2024 ranking of companies that pay the most corporate tax

Companies paying the most tax on their profits for the fiscal year 2024, according to the tax charge from their annual accounts.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2024·Calculated on 2026-11-08· 25100 companies ranked
Metric : income tax for the fiscal year 2024 (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🇸🇦OthersEnergy102,29 billion $383,59 Bn SAR
2Apple Inc.AAPL🇺🇸United StatesTechnology29,75 billion $
3Equinor ASAEQNR.OL🇳🇴EuropeEnergy22,16 billion $
4Berkshire Hathaway Inc.BRK-B🇺🇸United StatesFinancial Services20,82 billion $
5Alphabet Inc.GOOG🇺🇸United StatesTechnology19,70 billion $
6Microsoft CorporationMSFT🇺🇸United StatesTechnology19,65 billion $
7JPMorgan Chase & Co.JPM🇺🇸United StatesFinancial Services16,61 billion $
8Exxon Mobil CorporationXOM🇺🇸United StatesEnergy13,81 billion $
9Exxonmobil Holdings CorporationXOM.MX🌍OthersEnergy13,81 billion $
10Exxonmobil Holdings Corporation Shs -CAD hedged- Canadian Depositary Receipt Repr Shs Reg SXOM.NE🇨🇦CanadaEnergy13,81 billion $
11Shell plcSHEL🇬🇧United KingdomEnergy13,40 billion $
12Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical11,95 billion $1 894 Bn¥
13TotalEnergies SETTE.PA🇫🇷FranceEnergy10,78 billion $
14Chevron CorporationCVX🇺🇸United StatesEnergy9,76 billion $
15Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical9,27 billion $
16PetroChina Company LimitedPCCYF🇺🇸United StatesEnergy8,66 billion $57,76 billion CN¥
17Meta Platforms, Inc.META🇺🇸United StatesTechnology8,30 billion $
18Industrial and Commercial Bank of China LimitedIDCBF🇨🇳ChinaFinancial Services8,23 billion $54,88 billion CN¥
19Industrial & Commercial Bank of China Ltd.IDCBY🇨🇳ChinaFinancial Services8,23 billion $54,88 billion CN¥
20Intel CorporationINTC🇺🇸United StatesTechnology8,02 billion $
21CNOOC Limited600938.SS🇨🇳ChinaEnergy7,79 billion $51,99 billion CN¥
22Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼TaiwanTechnology7,58 billion $248,32 Bn NT$
23HSBC Holdings plcHSBC🇬🇧United KingdomFinancial Services7,31 billion $
24China Construction Bank CorporationCICHY🇨🇳ChinaFinancial Services7,21 billion $48,09 billion CN¥
25Tencent Holdings LimitedTCEHY🇨🇳ChinaCommunication Services6,75 billion $45,02 billion CN¥
26PJSC Rosneft Oil CompanyROSN.ME🇷🇺OthersEnergy6,74 billion $552,00 billion ₽
27BHP Group LimitedBHPLF🇺🇸United StatesBasic Materials6,45 billion $
28Bank of China LimitedBACHF🇨🇳ChinaFinancial Services6,33 billion $42,23 billion CN¥
29Aker BP ASAAKRBP.OL🇳🇴EuropeEnergy6,22 billion $
30China Mobile Limited600941.SS🇭🇰Hong KongCommunication Services5,98 billion $39,86 billion CN¥
31Deutsche Telekom AGDTE.DE🇩🇪GermanyCommunication Services5,91 billion $5,30 Md€
32Banco Santander, S.A.SAN.MC🇪🇸EuropeFinancial Services5,89 billion $5,28 Md€
33Christian Dior SECDI.PA🇫🇷FranceConsumer Cyclical5,79 billion $5,19 Md€
34LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMC.PA🇫🇷FranceConsumer Cyclical5,75 billion $5,16 Md€
35Walmart Inc.WMT🇺🇸United StatesConsumer Defensive5,58 billion $
36Sberbank of RussiaSBER.ME🇷🇺OthersFinancial Services5,55 billion $454,30 billion ₽
37Agricultural Bank of China LimitedACGBF🇨🇳ChinaFinancial Services5,48 billion $36,53 billion CN¥
38Inpex CorporationIPXHY🇺🇸United StatesEnergy5,46 billion $864,57 Bn¥
39BP p.l.c.BP🇬🇧United KingdomEnergy5,44 billion $
40Banco Bilbao Vizcaya Argentaria, S.A.BBVA.MC🇪🇸EuropeFinancial Services5,38 billion $4,83 Md€
41Verizon Communications Inc.VZ🇺🇸United StatesCommunication Services5,03 billion $
42Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical4,92 billion $4,41 Md€
43UnitedHealth Group IncorporatedUNH🇺🇸United StatesHealthcare4,83 billion $
44The Home Depot, Inc.HD🇺🇸United StatesConsumer Cyclical4,60 billion $
45Kweichow Moutai Co., Ltd.600519.SS🇨🇳ChinaConsumer Defensive4,54 billion $30,30 billion CN¥
46BNP Paribas S.A.BNP.PA🇫🇷FranceFinancial Services4,46 billion $4,00 Md€
47AT&T Inc.T🇺🇸United StatesCommunication Services4,45 billion $
48ConocoPhillipsCOP🇺🇸United StatesEnergy4,43 billion $
49China Merchants Bank Co., Ltd.CIHKY🇺🇸United StatesFinancial Services4,36 billion $29,09 billion CN¥
50Federal National Mortgage AssociationFNMAS🇺🇸United StatesFinancial Services4,29 billion $
51PJSC LukoilLKOH.ME🇷🇺OthersEnergy4,29 billion $351,29 billion ₽
52Citigroup Inc.C🇺🇸United StatesFinancial Services4,21 billion $
53PJSC GazpromGAZP.ME🇷🇺OthersEnergy4,20 billion $344,23 billion ₽
54Visa Inc.V🇺🇸United StatesFinancial Services4,17 billion $
55Mercedes-Benz Group AGMBG.DE🇩🇪GermanyConsumer Cyclical4,17 billion $3,74 Md€
56Eni S.p.A.ENI.MI🇮🇹EuropeEnergy4,15 billion $3,73 Md€
57The Goldman Sachs Group, Inc.GS🇺🇸United StatesFinancial Services4,12 billion $
58PT Mitrabahtera Segara Sejati TbkMBSS.JK🇮🇩OthersIndustrials4,09 billion $
59Enel S.p.A.ENEL.MI🇮🇹EuropeUtilities4,07 billion $3,65 Md€
60Morgan StanleyMS🇺🇸United StatesFinancial Services4,07 billion $
61NVIDIA CorporationNVDA🇺🇸United StatesTechnology4,06 billion $
62Rio Tinto GroupRTNTF🇬🇧United KingdomBasic Materials4,04 billion $
63Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive4,04 billion $3,31 Bn CHF
64NTT, Inc.NPPXF🇯🇵JapanCommunication Services4,01 billion $635,34 Bn¥
65Novo Nordisk A/SNOVO-B.CO🇩🇰EuropeHealthcare3,91 billion $26,20 Bn DKK
66Allianz SEALV.DE🇩🇪GermanyFinancial Services3,88 billion $3,48 Md€
67Intesa Sanpaolo S.p.A.ISP.MI🇮🇹EuropeFinancial Services3,79 billion $3,40 Md€
68The Procter & Gamble CompanyPG🇺🇸United StatesConsumer Defensive3,79 billion $
69Ecopetrol S.A.EC🇨🇴OthersEnergy3,77 billion $12 209 Bn COP
70Broadcom Inc.AVGO🇺🇸United StatesTechnology3,75 billion $
71China Resources Land LimitedCRBJY🇭🇰Hong KongReal Estate3,68 billion $24,55 billion CN¥
72Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical3,67 billion $3,29 Md€
73Ping An Insurance (Group) Company of China, Ltd.PIAIF🇨🇳ChinaFinancial Services3,56 billion $23,76 billion CN¥
74h Ping An Ins HK SDR2to1HPAD.SI🇨🇳ChinaFinancial Services3,56 billion $23,76 billion CN¥
75Petróleo Brasileiro S.A. - PetrobrasPBR🇧🇷OthersEnergy3,54 billion $
76UniCredit S.p.A.UCG.MI🇮🇹EuropeFinancial Services3,44 billion $3,09 Md€
77Wells Fargo & CompanyWFC🇺🇸United StatesFinancial Services3,40 billion $
78Alibaba Group Holding LimitedBABAF🇨🇳ChinaConsumer Cyclical3,38 billion $22,53 billion CN¥
79T-Mobile US, Inc.TMUS🇺🇸United StatesCommunication Services3,37 billion $
80Surgutneftegas Public Joint Stock CompanySNGSP.ME🇷🇺OthersEnergy3,29 billion $269,65 billion ₽
81CITIC LimitedCTPCF🇭🇰Hong KongIndustrials3,18 billion $24,90 HK$ Bn
82Roche Holding AGRO.SW🇨🇭EuropeHealthcare3,18 billion $2,61 Bn CHF
83Anheuser-Busch InBev SA/NVABI.BR🇧🇪EuropeConsumer Defensive3,15 billion $
84Hyundai Motor Company005389.KS🇰🇷KoreaConsumer Cyclical3,10 billion $4 232 Md₩
85PDD Holdings Inc.PDD🇮🇪EuropeConsumer Cyclical3,04 billion $20,27 billion CN¥
86Mitsubishi UFJ Financial Group, Inc.MUFG🇯🇵JapanFinancial Services3,02 billion $478,34 Bn¥
87SK hynix Inc.000660.KS🇰🇷KoreaTechnology3,00 billion $4 088 Md₩
88Vår Energi ASVAR.OL🇳🇴EuropeEnergy2,99 billion $
89ING Groep N.V.INGA.AS🇳🇱EuropeFinancial Services2,95 billion $2,65 Md€
90Commonwealth Bank of AustraliaCMWAY🇦🇺AustraliaFinancial Services2,95 billion $4,30 Bn AU$
91Federal Home Loan Mortgage CorporationFMCC🇺🇸United StatesFinancial Services2,92 billion $
92Honda Motor Co., Ltd.HNDAF🇯🇵JapanConsumer Cyclical2,90 billion $459,79 Bn¥
93CaixaBank, S.A.CABK.MC🇪🇸EuropeFinancial Services2,82 billion $2,52 Md€
94Merck & Co., Inc.MRK🇺🇸United StatesHealthcare2,80 billion $
95Comcast Holdings Corp.CCZ🇺🇸United StatesCommunication Services2,80 billion $
96Comcast CorporationCMCSA🇺🇸United StatesCommunication Services2,80 billion $
97Unilever PLCUL🇬🇧United KingdomConsumer Defensive2,79 billion $2,50 Md€
98American Express CompanyAXP🇺🇸United StatesFinancial Services2,77 billion $
99Crédit Agricole S.A.ACA.PA🇫🇷FranceFinancial Services2,76 billion $2,47 Md€
100AXA S.A.CS.PA🇫🇷FranceFinancial Services2,74 billion $2,46 Md€

⚠ 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 2024 ranking established?
It ranks companies according to their corporate tax on fiscal year 2024, 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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