Professor Mark J. Perry's Blog for Economics and Finance
Thursday, May 01, 2008
CD Exclusive: Exxon's Record Tax Payment
Exxon's income taxes of $9.32 billion ($9,320,000,000) in the first quarter 2008 sets a new all-time record for the highest amount of income taxes ever paid by a U.S. corporation in a single quarter, and tops the previous record amounts of income taxes paid by Exxon last year (see chart above).
Amount of taxes Exxon paid in the first quarter 2008:
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