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CHEVRON CORP

Jurisdiction Analysis - Where are the 34 subsidiaries incorporated?

34
Total Subsidiaries
13
Unique Jurisdictions
7
High-Risk Tax Havens
70.6%
In Low-Tax Jurisdictions

Subsidiaries by Jurisdiction

DelawareLow-Tax
1647.1%
16
BermudaTax Haven
411.8%
4
BahamasTax Haven
25.9%
Australia
25.9%
Nigeria
25.9%
Argentina
12.9%
Canada
12.9%
New JerseyTax Haven
12.9%
Pennsylvania
12.9%
Indonesia
12.9%
Thailand
12.9%
California
12.9%
NevadaLow-Tax
12.9%

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.

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

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