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USA: How much oil companies pay in taxes overseas

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Published: October 2nd, 2024,
Last updated: May 28th, 2025

Darren Woods, CEO von Exxon Mobile
Darren Woods, CEO of ExxonMobil: The company pays most of its taxes abroad, even though it generates more of its revenue in the USA.

The three largest US energy exploration companies paid more than 42 billion US dollars to foreign governments last year, about eight times more than what they paid in the United States, according to regulatory filings.

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