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6. Citigroup
Untaxed foreign profit: $32.1 billion

Few banks are as global as Citigroup. The company has more than 200 million customer accounts and does business in more than 140 countries. It's the top credit card issuer in the Asia Pacific, it maintains a physical presence in 55 countries across Europe, the Middle East and Africa, and it operates nearly 2,600 retail bank branches and point of sales in Latin America.

Citigroup has faced more criticism than most multinationals over its U.S. tax rate ever since it received a $45 billion bailout from the government during the financial crisis. Since then, however, Citigroup has divested many businesses and announced plans to focus on its international footprint. Taxpayers, meanwhile, made a profit on the Citi bailout, even though they won't likely see much more from the company's tax returns.



NEXT: Cisco Systems
Last updated April 14 2011: 3:59 PM ET
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