Tax

20 big companies that need better tax advice

Stories of businesses paying low tax rates abound, but you rarely hear about companies at the other end of the spectrum — those that pay the highest tax rates.

The list below ranks the S&P companies with the highest corporate tax rates in 2022, with the top five companies having an average overall tax rate of 43.32%. The average overall tax rate across all S&P 100 companies is 18.87%.

Scroll through to see which companies are paying the highest rates, and how they fared.

Source: WalletHub

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