Does bp pay us taxes

Answer 1

According to BP's website and their 2009 press release on profits, BP's replacement cost profit for 2009 was 13,955 million. Their effective taxe rate on that profit was 33% so they paid 4,605.15 million in taxes. I do not know how much of the difference was true profit, but they definitely pay a lot in taxes.

The above ans is interesting but using terms, and I suspect is done using number reporting in shortened convention (as in dropping (000)s like, most financials), but especially terms that would take literally year to try and explain to a tax or accounting layman.

Yes BP pays US taxes....BILLIONS of dollars in income tax alone (their US income was well int the multi 10s of Bills)....and many Bs more in severance (a form of natural resource tax), and uncountable others.