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2026 ranking of companies that pay the most corporate tax

Companies paying the most tax on their profits for the fiscal year 2026, according to the tax charge from their annual accounts.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2026·Calculated on 2026-11-08· 4441 companies ranked
Metric : income tax for the fiscal year 2026 (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)
1Microsoft CorporationMSFT🇺🇸United StatesTechnology32,19 billion $
2Apple Inc.AAPL🇺🇸United StatesTechnology27,06 billion $
3NVIDIA CorporationNVDA🇺🇸United StatesTechnology21,38 billion $
4Micron Technology, Inc.MU🇺🇸United StatesTechnology14,76 billion $
5BHP Group LimitedBHPLF🇺🇸United StatesBasic Materials9,39 billion $
6Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical7,37 billion $1 167 Bn¥
7Walmart Inc.WMT🇺🇸United StatesConsumer Defensive7,20 billion $
8Mitsubishi UFJ Financial Group, Inc.MUFG🇯🇵JapanFinancial Services4,81 billion $761,65 Bn¥
9Visa Inc.V🇺🇸United StatesFinancial Services4,59 billion $
10Alibaba Group Holding LimitedBABAF🇨🇳ChinaConsumer Cyclical4,50 billion $30,05 billion CN¥
11The Procter & Gamble CompanyPG🇺🇸United StatesConsumer Defensive4,23 billion $
12Sumitomo Mitsui Financial Group, Inc.SMFNF🇯🇵JapanFinancial Services4,21 billion $666,91 Bn¥
13Commonwealth Bank of AustraliaCMWAY🇦🇺AustraliaFinancial Services3,21 billion $4,67 Bn AU$
14SoftBank Group Corp.SFTBF🇯🇵JapanCommunication Services3,17 billion $502,93 Bn¥
15NTT, Inc.NPPXF🇯🇵JapanCommunication Services3,15 billion $499,29 Bn¥
16State Bank of IndiaSBKFF🇮🇳IndiaFinancial Services3,07 billion $288,60 Bn₹
17Costco Wholesale CorporationCOST🇺🇸United StatesConsumer Defensive3,02 billion $
18Reliance Industries LimitedRIGD.IL🌍OthersEnergy2,93 billion $275,52 Bn₹
19Accenture plcACN🇺🇸United StatesTechnology2,85 billion $
20Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology2,74 billion $
21Oracle CorporationORCL🇺🇸United StatesTechnology2,47 billion $
22HDFC Bank LimitedHDB🇮🇳IndiaFinancial Services2,44 billion $229,22 Bn₹
23Mizuho Financial Group, Inc.MFG🇯🇵JapanFinancial Services2,32 billion $368,13 Bn¥
24Tokio Marine Holdings, Inc.TKOMY🇯🇵JapanFinancial Services2,19 billion $347,47 Bn¥
25KDDI CorporationKDDIY🇯🇵JapanCommunication Services2,13 billion $337,24 Bn¥
26ICICI Bank LimitedIBN🇮🇳IndiaFinancial Services2,06 billion $193,84 Bn₹
27Salesforce, Inc.CRM🇺🇸United StatesTechnology2,06 billion $
28Westpac Banking CorporationWEBNF🇦🇺AustraliaFinancial Services2,05 billion $2,98 Bn AU$
29Vodafone Group Public Limited CompanyVOD🇬🇧United KingdomCommunication Services1,99 billion $1,79 Md€
30Oil and Natural Gas Corporation LimitedONGC.NS🇮🇳IndiaEnergy1,90 billion $178,30 Bn₹
31Japan Post Holdings Co., Ltd.JPPHY🇯🇵JapanFinancial Services1,89 billion $300,10 Bn¥
32The TJX Companies, Inc.TJX🇺🇸United StatesConsumer Cyclical1,80 billion $
33National Australia Bank LimitedNAUBF🇦🇺AustraliaFinancial Services1,74 billion $2,54 Bn AU$
34Tata Consultancy Services LimitedTCS.BO🇮🇳IndiaTechnology1,71 billion $160,33 Bn₹
35ITOCHU CorporationITOCY🇯🇵JapanIndustrials1,65 billion $262,01 Bn¥
36MS&AD Insurance Group Holdings, Inc.MSADF🇺🇸United StatesFinancial Services1,64 billion $260,38 Bn¥
37Sandisk CorporationSNDK🇺🇸United StatesTechnology1,58 billion $
38Fortescue Metals Group LimitedFSUMF🇦🇺AustraliaBasic Materials1,48 billion $
39ORIX CorporationIX🇯🇵JapanFinancial Services1,47 billion $233,10 Bn¥
40Indian Oil Corporation LimitedIOC.NS🇮🇳IndiaEnergy1,47 billion $137,95 Bn₹
41Intuit Inc.INTU🇺🇸United StatesTechnology1,45 billion $
42Mitsui & Co., Ltd.MITSY🇯🇵JapanIndustrials1,41 billion $222,74 Bn¥
43JAPAN POST BANK Co., Ltd.JPPTY🇯🇵JapanFinancial Services1,38 billion $218,72 Bn¥
44Fast Retailing Co., Ltd.FRCOF🇺🇸United StatesConsumer Cyclical1,38 billion $218,36 Bn¥
45Central Japan Railway CompanyCJPRY🇯🇵JapanIndustrials1,37 billion $217,64 Bn¥
46FedEx CorporationFDX🇺🇸United StatesIndustrials1,36 billion $
47Dell Technologies Inc.DELL🇺🇸United StatesTechnology1,33 billion $
48Automatic Data Processing, Inc.ADP🇺🇸United StatesIndustrials1,32 billion $
49Starbucks CorporationSBUX🇺🇸United StatesConsumer Cyclical1,31 billion $
50Medtronic plcMDT🇮🇪EuropeHealthcare1,30 billion $
51SoftBank Corp.SFBQF🇯🇵JapanCommunication Services1,28 billion $203,40 Bn¥
52Macquarie Group LimitedMQBKY🇦🇺AustraliaFinancial Services1,28 billion $1,86 Bn AU$
53Shin-Etsu Chemical Co., Ltd.SHECF🇺🇸United StatesBasic Materials1,28 billion $202,20 Bn¥
54Sompo Holdings, Inc.NHOLF🇺🇸United StatesFinancial Services1,26 billion $200,27 Bn¥
55National Grid plcNGG🇬🇧United KingdomUtilities1,25 billion $939,0 M£
56Bharti Airtel LimitedBHARTIARTL.BO🇮🇳IndiaCommunication Services1,21 billion $113,50 Bn₹
57Keyence CorporationKYCCF🇯🇵JapanTechnology1,20 billion $190,57 Bn¥
58Dai-ichi Life Holdings, Inc.DCNSF🇺🇸United StatesFinancial Services1,20 billion $189,55 Bn¥
59Suzuki Motor CorporationSZKMY🇯🇵JapanConsumer Cyclical1,18 billion $186,86 Bn¥
60Coal India LimitedCOALINDIA.NS🇮🇳IndiaEnergy1,16 billion $108,53 Bn₹
61Daiwa House Industry Co., Ltd.DWAHY🇯🇵JapanReal Estate1,15 billion $182,95 Bn¥
62Mitsubishi CorporationMTSUY🇯🇵JapanIndustrials1,13 billion $179,37 Bn¥
63Infosys LimitedINFY🇮🇳IndiaTechnology1,12 billion $105,21 Bn₹
64McKesson CorporationMCK🇺🇸United StatesHealthcare1,10 billion $
65CRH plcCRH🇺🇸United StatesBasic Materials1,10 billion $
66Tokyo Electron Limited8035.T🇯🇵JapanTechnology1,10 billion $173,73 Bn¥
67Cencora, Inc.COR🇺🇸United StatesHealthcare1,08 billion $
68Punjab National BankPNB.NS🇮🇳IndiaFinancial Services1,06 billion $99,86 Bn₹
69Toyota Tsusho Corporation8015.T🇯🇵JapanIndustrials1,05 billion $165,75 Bn¥
70Nomura Holdings, Inc.NMR🇯🇵JapanFinancial Services1,04 billion $165,44 Bn¥
71Lam Research CorporationLRCX🇺🇸United StatesTechnology997,1 M$
72Compagnie Financière Richemont S.A.CFR.SW🇨🇭EuropeConsumer Cyclical987,8 M$886,0 M€
73Power Finance Corporation LimitedPFC.NS🇮🇳IndiaFinancial Services982,3 M$92,24 Bn₹
74D.R. Horton, Inc.DHI🇺🇸United StatesConsumer Cyclical968,8 M$
75Bharat Petroleum Corporation LimitedBPCL.BO🇮🇳IndiaEnergy952,8 M$89,48 Bn₹
76Alimentation Couche-Tard Inc.ANCTF🇺🇸United StatesConsumer Cyclical935,2 M$
77Recruit Holdings Co., Ltd.RCRRF🇯🇵JapanIndustrials933,8 M$147,94 Bn¥
78Komatsu Ltd.KMTUY🇺🇸United StatesIndustrials919,1 M$145,61 Bn¥
79Parker-Hannifin CorporationPH🇺🇸United StatesIndustrials914,0 M$
80Nintendo Co., Ltd.NTDOF🇺🇸United StatesTechnology909,6 M$144,10 Bn¥
81ENEOS Holdings, Inc.JXHLY🇯🇵JapanEnergy893,4 M$141,53 Bn¥
82The Kansai Electric Power Company, IncorporatedKAEPF🇯🇵JapanUtilities863,1 M$136,73 Bn¥
83Seven & i Holdings Co., Ltd.SVNDY🇯🇵JapanConsumer Defensive855,1 M$135,47 Bn¥
84Tesco PLCTSCDY🇬🇧United KingdomConsumer Defensive822,6 M$616,0 M£
85DENSO CorporationDNZOY🇺🇸United StatesConsumer Cyclical819,2 M$129,78 Bn¥
86Nippon Steel CorporationNISTF🇯🇵JapanBasic Materials808,3 M$128,06 Bn¥
87Nidec CorporationNJDCY🇯🇵JapanIndustrials799,7 M$126,70 Bn¥
88Emerson Electric Co.EMR🇺🇸United StatesIndustrials796,0 M$
89NIKE, Inc.NKE🇺🇸United StatesConsumer Cyclical792,0 M$
90Mitsui Fudosan Co., Ltd.MTSFY🇯🇵JapanReal Estate790,0 M$125,16 Bn¥
91Impala Platinum Holdings LimitedIMPUY🇺🇸United StatesBasic Materials789,8 M$13,07 billion R
92NEC CorporationNIPNF🇺🇸United StatesTechnology788,1 M$124,85 Bn¥
93Wesfarmers LimitedWFAFF🇦🇺AustraliaConsumer Cyclical785,0 M$1,14 Bn AU$
94Resona Holdings, Inc.RSNHF🇯🇵JapanFinancial Services781,8 M$123,85 Bn¥
95KLA CorporationKLAC🇺🇸United StatesTechnology775,2 M$
96Bajaj Finserv Ltd.BAJAJFINSV.BO🇮🇳IndiaFinancial Services768,1 M$72,14 Bn₹
97Sun Hung Kai Properties LimitedSUHJY🇭🇰Hong KongReal Estate758,7 M$5,95 HK$ Bn
98ITC LimitedITC.NS🇮🇳IndiaConsumer Defensive747,0 M$70,15 Bn₹
99Daikin Industries,Ltd.DKILF🇯🇵JapanIndustrials740,3 M$117,28 Bn¥
100Mitsubishi Heavy Industries, Ltd.MHVYF🇯🇵JapanIndustrials734,1 M$116,31 Bn¥
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 2026 ranking established?
It ranks companies according to their corporate tax on fiscal year 2026, 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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