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AT&T INC.

Jurisdiction Analysis - Where are the 20 subsidiaries incorporated?

20
Total Subsidiaries
11
Unique Jurisdictions
0
High-Risk Tax Havens
55.0%
In Low-Tax Jurisdictions

Subsidiaries by Jurisdiction

DelawareLow-Tax
1050.0%
10
Mexico City
15.0%
New York
15.0%
Georgia
15.0%
Illinois
15.0%
Indiana
15.0%
Michigan
15.0%
NevadaLow-Tax
15.0%
California
15.0%
Ohio
15.0%
Wisconsin
15.0%

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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