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Federal income tax paid by the largest public U.S. companies 2008-2014

The statistic shows the federal income tax paid by the 50 largest U.S. public companies between 2008 to 2014. During this time period, technology firm Apple paid 50.77 billion U.S. dollars as a federal income tax.

Federal income tax paid by the 50 largest public U.S. companies between 2008 to 2014

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Sources

Release date

April 2016

Region

United States

Survey time period

2008-2014

Special properties

Public companies

Supplementary notes

* Financial information for Phillips 66 is aggregated from 2010 to 2014, not 2008 to 2014, because Phillips 66 was not spun-off from ConocoPhillips until 2012.
** According to source, General Motors filed for bankruptcy in June 2009 and was reorganized as a new entity with GM’s continuing operations, assets and trademarks in July 2009. General Motor’s 2009 earnings, as reported on its financial statements, include $128 billion in debt cancellation income (“Reorganization Gains”) that arose from the bankruptcy.

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