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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