The largest corporations pay 0 in taxes.
Really? Did you lie so much as a child?
Companies Paying the Most (and Least) Taxes
24/7 Wall St.January 8, 2014
1. Exxon Mobil
> Income tax expense: $31.0 billion
> Earnings before taxes: $78.7 billion (the most)
> Revenue: $428.4 billion (2nd most)
> 1-yr. share price change: +14.5%
> Industry: Oil and gas
2. 2. Chevron
> Income tax expense: $20.0 billion
> Earnings before taxes: $46.3 billion (3rd most)
> Revenue: $222.6 billion (3rd most)
> 1-yr. share price change: 13.8%
> Industry: Oil and gas
3. 3. Apple
> Income tax expense: $13.1 billion
> Earnings before taxes: $50.2 billion (2nd most)
> Revenue: $170.9 billion (4th most)
> 1-yr. share price change: +3.7%
> Industry: Computer hardware
4. 4. Wells Fargo
> Income tax expense: $9.1 billion
> Earnings before taxes: $28.5 billion (5th most)
> Revenue: $79.5 billion (28th most)
> 1-yr. share price change: +31.3%
> Industry: Banking
5. 5. Walmart
> Income tax expense: $8.0 billion
> Earnings before taxes: $25.7 billion (7th most)
> Revenue: $469.2 billion (the most)
> 1-yr. share price change: +14.9%
> Industry: Retail
Companies Paying the Most (and Least) Taxes