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ExxonMobil's U.S. tax and duty payments

In 2012, ExxonMobil’s U.S. tax expenses totaled more than $1 billion a month on average.

  • Over the last five years, ExxonMobil's U.S. taxes have totaled more than $55 billion - about $16 billion more than our U.S. operating earnings during that period.
  • For every dollar of net earnings in the U.S. between 2008 and 2012, ExxonMobil incurred more than $1.40 in taxes to federal, state and local governments.
  • On a dollar-for-dollar basis, our industry's profits are generally in line with the average of all U.S. industry. In 2012, the U.S. oil and gas industry earned on average 6.2 cents per dollar of sales – below the average of 8.6 cents per dollar of sales for "All Manufacturers."
  • From 2008 through 2012, ExxonMobil distributed $145 billion (and $26 billion in 2012) to our U.S. shareholders, representing a significant transfer of income from foreign resource development into the U.S. economy, including ultimately to the U.S. Treasury.