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1. • $47.6 billion

     • In worldwide income taxes paid, making ExxonMobil the 3rd highest income tax payor of the Fortune 25 $47.6 billion
     corporate.exxonmobil.com/-/media/global/files/sustainability-and-reports/tax-disclosure.pdf

     2024 Tax disclosure - ExxonMobil

2. People also ask

   Does Exxon Mobil pay taxes?

   • Our Standards: The Thomson Reuters Trust Principles. Exxon Mobil’s income tax payments to the U.S. government have dropped to 3% over the past five years – several times below the company’s 20-year average – on massive deductions passed under former President Donald Trump.

   Focus: Exxon's low US tax payments ruffle Biden's climate agenda

   www.reuters.com/business/exxons-low-us-tax-payments-ruffle-bidens-climate-agenda-2023-12-15/

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   What are Exxon income taxes?

   • Income taxes can be defined as the total amount of income tax expense for the given period. Exxon income taxes for the quarter ending June 30, 2024 were $4.094B, a 16.87% increase year-over-year. Exxon income taxes for the twelve months ending June 30, 2024 were $14.863B, a 23.68% decline year-over-year.

   Exxon Income Taxes 2010-2024 | XOM | MacroTrends

   www.macrotrends.net/stocks/charts/XOM/exxon/total-provision-income-taxes

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   How much tax did Exxon pay in 2022?

   • Last year, for example, Exxon’s tax rate was 2.5%, or $696 million, on record pre-tax U.S. profit of $28.3 billion. Exxon would have paid nearly $6 billion at the federal statutory tax rate of 21%. Exxon said, however, its U.S. income tax liability for 2022 was "several billion dollars" and the highest amount paid in more than 10 years.

   Focus: Exxon's low US tax payments ruffle Biden's climate agenda

   www.reuters.com/business/exxons-low-us-tax-payments-ruffle-bidens-climate-agenda-2023-12-15/

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   Does ExxonMobil pay tax on North Sea operations?

   • Since the Paris agreement, ExxonMobil has received net tax repayments of £360 million on its North Sea operations, BP £490 million, and Shell £400 million, rounded to the nearest 10 million. A section of the BP Eastern Trough Area Project oil platform seen in the North Sea in 2014. File pic

   Revealed: ExxonMobil, Shell and BP among oil companies ... - Sky News

   news.sky.com/story/revealed-some-of-the-worlds-biggest-oil-companies-are-paying-negative-tax-in-the-uk-12380442

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   How did ExxonMobil make money in 2022?

   • Gas prices are displayed at a Mobil gas station in Los Angeles on Oct. 28, 2022. ExxonMobil posted record earnings in 2022, benefitting from a surge in oil prices. ExxonMobil earned nearly $56 billion in profit in 2022, setting an annual record not just for itself but for any U.S. or European oil giant.

   Exxon announced record earnings as profits continue to roll in for Big

   www.npr.org/2023/01/31/1152776315/exxon-mobil-earnings-chevron-big-oil-biden-windfall-tax

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   What is Exxon income tax history & growth rate?

   • Exxon annual/quarterly income taxes history and growth rate from 2010 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period. Exxon income taxes for the quarter ending June 30, 2024 were $4.094B, a 16.87% increase year-over-year.

   Exxon Income Taxes 2010-2024 | XOM | MacroTrends

   www.macrotrends.net/stocks/charts/XOM/exxon/total-provision-income-taxes

   See all results for this question

3. www.macrotrends.net › total-provision-income-taxesExxon Income Taxes 2010-2024 | XOM | MacroTrends

   www.macrotrends.net › total-provision-income-taxes

   • Cached

   Exxon income taxes for the twelve months ending June 30, 2024 were $14.863B, a 23.68% decline year-over-year. Exxon annual income taxes for 2023 were $15.429B, a 23.53% decline from 2022. Exxon annual income taxes for 2022 were $20.176B, a 164.22% increase from 2021.

4. corporate.exxonmobil.com › tax-disclosure2024 Tax disclosure - ExxonMobil

   corporate.exxonmobil.com › tax-disclosure

   $47.6 billion. Total tax and duties expense worldwide. We pay an extensive list of taxes and duties, and are subject to high tax rates in many countries where we produce natural resources. Our total tax expenses and duties include: Income taxes. Sales, use, excise and value added taxes.

5. Videos

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     1:28

     youtube.com

     Exxon Mobil boosts pay for CEO, top executives

     5 Dec 2022

     2.2K views

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     1:27

     reuters.com

     Exxon Mobil raises CEO, top executives base pay

     5 Dec 2022

     12.7K views

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     0:31

     finance.yahoo.com

     Exxon Mobil raises CEO, top executives base pay

     5 Dec 2022

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6. news.sky.com › story › revealed-some-of-the-worldsRevealed: ExxonMobil, Shell and BP among oil companies paying ...

   news.sky.com › story › revealed-some-of-the-worlds

   • Cached

   Aug 13, 2021 · Since the Paris agreement, ExxonMobil has received net tax repayments of £360 million on its North Sea operations, BP £490 million, and Shell £400 million, rounded to the nearest 10 million.

7. www.reuters.com › business › exxons-low-us-taxFocus: Exxon's low US tax payments ruffle Biden's climate ...

   www.reuters.com › business › exxons-low-us-tax

   Dec 16, 2023 · Dec 15 (Reuters) - Exxon Mobil’s income tax payments to the U.S. government have dropped to 3% over the past five years – several times below the company’s 20-year average – on massive...

8. corporate.exxonmobil.com › news › news-releasesExxonMobil announces full-year 2022 results

   corporate.exxonmobil.com › news › news-releases

   • Cached

   Jan 31, 2023 · Full-year 2022 earnings were $15.0 billion compared to a loss of $0.3 billion last year. Identified items reduced earnings by $0.7 billion mainly from additional European taxes on the energy sector and asset impairments. Earnings excluding identified items were $15.7 billion, an increase of $16 billion from last year.

9. investor.exxonmobil.com › earnings › income-statementIncome statement :: Exxon Mobil Corporation (XOM)

   investor.exxonmobil.com › earnings › income-statement

   • Cached

   Jun 30, 2023 · Condensed Consolidated Statement Of Income - USD ($) 3 Months Ended 6 Months Ended; Jun. 30, 2024

10. www.npr.org › 2023/01/31 › 1152776315Exxon announced record earnings as profits continue to roll ...

    www.npr.org › 2023/01/31 › 1152776315

    Jan 31, 2023 · ExxonMobil earned nearly $56 billion in profit in 2022, setting an annual record not just for itself but for any U.S. or European oil giant. Buoyed by high oil prices, rival Chevron also...