Back to PEPSICO INC

PEPSICO INC

Jurisdiction Analysis - Where are the 584 subsidiaries incorporated?

584
Total Subsidiaries
136
Unique Jurisdictions
47
High-Risk Tax Havens
45.9%
In Low-Tax Jurisdictions

Subsidiaries by Jurisdiction

DelawareLow-Tax
14424.7%
144
NetherlandsLow-Tax
305.1%
30
Mexico
203.4%
United Kingdom
172.9%
Australia
162.7%
BermudaTax Haven
152.6%
Russia
142.4%
China
132.2%
Spain
122.1%
IrelandLow-Tax
101.7%
LuxembourgLow-Tax
101.7%
South Africa
101.7%
Guatemala
81.4%
Brazil
81.4%
Hong KongTax Haven
81.4%
Cayman IslandsTax Haven
81.4%
SwitzerlandLow-Tax
71.2%
Canada
71.2%
SingaporeLow-Tax
61.0%
CyprusLow-Tax
61.0%
Poland
61.0%
California
50.9%
Texas
50.9%
Egypt
50.9%
Colombia
50.9%
Puerto Rico
50.9%
Israel
50.9%
Florida
40.7%
Vermont
40.7%
New Zealand
40.7%
United Arab EmiratesTax Haven
40.7%
Argentina
30.5%
Georgia
30.5%
Illinois
30.5%
Massachusetts
30.5%
Missouri
30.5%
New JerseyTax Haven
30.5%
Honduras
30.5%
BarbadosTax Haven
30.5%
HungaryLow-Tax
30.5%
Turkey
30.5%
Peru
30.5%
Indonesia
30.5%
CuracaoTax Haven
30.5%
Belgium
30.5%
Germany
30.5%
France
30.5%
India
30.5%
Kyrgyzstan
20.3%
Indiana
20.3%
Maryland
20.3%
Mississippi
20.3%
New York
20.3%
Oregon
20.3%
Chile
20.3%
Nigeria
20.3%
Bangladesh
20.3%
Ukraine
20.3%
Portugal
20.3%
Uruguay
20.3%
Thailand
20.3%
Ecuador
20.3%
Pakistan
20.3%
Korea, Republic of
20.3%
Malaysia
20.3%
Bolivia
20.3%
Azerbaijan
20.3%
Kazakhstan
20.3%
Saudi Arabia
20.3%
Japan
20.3%
Romania
20.3%
El Salvador
20.3%
PanamaTax Haven
10.2%
Alabama
10.2%
Alaska
10.2%
Arizona
10.2%
Arkansas
10.2%
Colorado
10.2%
Connecticut
10.2%
District of Colombia
10.2%
Hawaii
10.2%
Idaho
10.2%
Iowa
10.2%
Kansas
10.2%
Kentucky
10.2%
Louisiana
10.2%
Maine
10.2%
Michigan
10.2%
Minnesota
10.2%
Montana
10.2%
Nebraska
10.2%
NevadaLow-Tax
10.2%
New Hampshire
10.2%
New Mexico
10.2%
North Carolina
10.2%
North Dakota
10.2%
Ohio
10.2%
Oklahoma
10.2%
Pennsylvania
10.2%
Rhode Island
10.2%
South Carolina
10.2%
South DakotaLow-Tax
10.2%
Tennessee
10.2%
Utah
10.2%
Virginia
10.2%
Washington
10.2%
Wisconsin
10.2%
Botswana
10.2%
Dominican Republic
10.2%
Trinidad And Tobago
10.2%
Lithuania
10.2%
Serbia
10.2%
Bosnia and Herzegovina
10.2%
Philippines
10.2%
WyomingLow-Tax
10.2%
Italy
10.2%
Paraguay
10.2%
EstoniaLow-Tax
10.2%
Taiwan
10.2%
Vietnam
10.2%
Greece
10.2%
Uzbekistan
10.2%
MaltaLow-Tax
10.2%
Denmark
10.2%
Finland
10.2%
Norway
10.2%
Belarus
10.2%
Czech Republic
10.2%
Armenia
10.2%
LiechtensteinTax Haven
10.2%
Nicaragua
10.2%
Costa Rica
10.2%
Ethiopia
10.2%
British Virgin IslandsTax Haven
10.2%
Sweden
10.2%
Austria
10.2%

Understanding the Chart

  • • Bars show number of subsidiaries per jurisdiction
  • • Red = High-risk tax havens (Cayman Islands, Luxembourg, etc.)
  • • Yellow = Moderate tax jurisdictions (Singapore, Hong Kong, etc.)
  • • Blue = Standard jurisdictions

Why This Matters

  • • Companies choose jurisdictions strategically for tax optimization
  • • High concentration in tax havens may indicate aggressive tax planning
  • • Helps investors understand corporate tax strategy
  • • Data sourced from SEC 10-K Exhibit 21 filings

Corporate Family Tree

Explore corporate subsidiaries from SEC 10-K Exhibit 21 filings.

Built by VenMode Labs

Links

  • Companies
  • Learn
  • Contact
  • Privacy
  • Terms
  • SEC EDGAR Database

Connect

[email protected]

© 2026 Corporate Family Tree. All data sourced from SEC filings.

Made with data transparency in mind