Companies in the Netherlands with the highest income tax expense

Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–11 of 11 · Fiscal year 2025 · Data as of September 25, 2026

ING Groep (ING) tops the list with $3.6B in income tax expense for fiscal 2025, ahead of ASML Holding ($2.3B) and NXP Semiconductors ($525M). The top 10 together report $7.6B in income tax expense; the gap between #1 and #10 is ×901.73. 11 companies in the Netherlands report income tax expense, 0.5% of the 2320-filer universe. The last place on the list, Icts International N V, comes in at $1.6M.

Income tax expense
#CompanyIncome tax expenseYoY15-year trend
1ING GroepINGNLFinancials$3.6B+52.8%
2ASML HoldingASMLNLIndustrials$2.3B+25.1%
3NXP SemiconductorsNXPINLTechnology$525M−3.7%
4JBSJBSNLConsumer staples$391M−47.5%
5Koninklijke PhilipsPHGNLHealthcare$319M−69.4%
6STMicroelectronicsSTMNLTechnology$220M−29.7%
7Magnum Ice CreamMICCNLConsumer staples$158M−3.8%
8QiagenQGENNLHealthcare$65.4M+74.1%
9Pharming GroupPHARNLHealthcare$10.3M+207.9%
10Nebius GroupNBISNLTechnology$4.0M+$5.0M
11Icts International N VICTSFNLTechnology$1.6M+$2.1M

All figures from SEC filings · FY2025 · 11

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{{cite web |title=Companies in the Netherlands with the highest income tax expense |url=https://companiesranked.com/en/companies-in-the-netherlands-with-the-highest-income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Companies in the Netherlands with the highest income tax expense. CompaniesRanked. https://companiesranked.com/en/companies-in-the-netherlands-with-the-highest-income-tax-expense

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@misc{companiesranked-en-companies-in-the-netherlands-with-the-highest-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Companies in the Netherlands with the highest income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/companies-in-the-netherlands-with-the-highest-income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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