Taxes paid by S&P 100

EconomicLibertyWith taxes and income inequality taking center stage in the recent presidential debates, the personal finance website WalletHub yesterday released its latest S&P 100 Tax Rates report.

This report provides an in-depth analysis of the 2014 rates at which S&P 100 companies — collectively worth more than $11 trillion as of Sept. 30 — are taxed at the state, federal and international levels.  Names well known to and several based in Oklahoma are on this list.

Companies Paying the Highest Taxes Companies Paying the Lowest Taxes
1 Anadarko Petroleum 1 Morgan Stanley
2 Occidental Petroleum 2 Amgen
3 Devon Energy 3 General Electric
4 Citigroup 4 General Motors
5 Walgreens Boots Alliance 5 Mondelez International
6 Unitedhealth Group 6 Celgene
7 Exxon Mobil 7 QUALCOMM
8 Facebook 8 Bristol-Myers Squibb
9 CVS Caremark 9 Time Warner
10 ConocoPhillips 10 Medtronic

EnergyTaxesKey Stats

  • S&P 100 companies pay roughly 24 percent lower rates on international taxes than U.S. taxes.
  • Tech companies, including Apple, Cisco Systems and Google, are still paying more than 25 percent lower rates abroad, continuing the trend from 2013.
  • The average S&P 100 company pays an 11 percent higher tax rate than the top 3 percent of consumers.

For the full S&P 100 Tax Rate report, please visit:

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