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Do you have the number of the billions in taxes Exxon-Mobile paid to the feds? I understand they pay between 20 and 30%.

26 posted on 02/09/2006 10:50:31 AM PST by G.Mason (Duty, Honor, Country)

Do you have the number of the billions in taxes Exxon-Mobile paid to the feds? I understand they pay between 20 and 30%.

Q4 2005 they paid in excess of $7 billion in taxes

50 posted on 02/09/2006 11:32:06 AM PST by tx_eggman (Islamofascism ... bringing you the best of the 7th century for the past 1300 years.)

You can get the taxes a company paid by going to www.sec.gov and reading their 10Q or 10K report, or you can go to their website and get their latest financial statement. Of course, this works only for publicly-traded companies, of which ExxonMobil is one.

Note however that Exxon is a multinational, and pays taxes all over the place, with various credits for various taxes. So whatever number you see at the bottom won't be what they pay to the IRS. In some countries, they may get credits (if they lost money in one particular country, they may get a NOL carryforward depending on the tax laws of that jurisdiction).

The notes to the financial statement may breakdown where taxes were paid.

53 posted on 02/09/2006 2:08:17 PM PST by Koblenz (Holland: a very tolerant country. Until someone shoots you on a public street in broad daylight...)

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