The Institute for Policy Studies has just released its 18th annual review of U.S. executive compensation and found that 25 out of the country’s 100 highest-paid chief executives actually earned more in 2010 than their companies paid out in corporate income taxes.

In fact, looking at the list below, only five of these 25 companies paid any corporate income taxes to the federal government. One business had a zero sum on income taxes paid, while the remaining 19 companies all received millions back from the government.

Writes the IPS in the The Atlantic:

Although Verizon paid less in income taxes than its average customer paid in phone bills, the company broke no laws. America’s corporations spend hundreds of millions of dollars a year on lobbying, and they get a good return on their investments. They get tax loopholes — and plenty of them. Last year, Verizon shelled out $16.8 million to lobby federal lawmakers and another $18.7 million on contributions into the campaign accounts of their favorite federal politicians.

You can check out the IPS’ full report here.

PRUDENTIAL FINANCIAL
CEO: John Strangfeld
Executive Compensation, 2010: $17,187,028
U.S. Corporate Income Taxes Paid, 2010: -$722 million

VERIZON
CEO: Ivan Seidenberg
Executive Compensation, 2010: $18,126,854
U.S. Corporate Income Taxes Paid, 2010: $-705 million

BANK OF NEW YORK MELLON
CEO: Robert Kelly
Executive Compensation, 2010: $19,379,257
U.S. Corporate Income Taxes Paid, 2010: -$670 million

DOW CHEMICAL
CEO: Andrew Liveris
Executive Compensation, 2010: $17,739,490
U.S. Corporate Income Taxes Paid, 2010: -$576 million

HONEYWELL
CEO: David Cote
Executive Compensation, 2010: $15,216,953
U.S. Corporate Income Taxes Paid, 2010: -$471 million

INTERNATIONAL PAPER
CEO: John Faraci
Executive Compensation, 2010: $12,303,423
U.S. Corporate Income Taxes Paid, 2010: -$249 million

AMERIPRISE
CEO: James Cracchiolo
Executive Compensation, 2010: $16,252,851
U.S. Corporate Income Taxes Paid, 2010: -$224 million

STANLEY BLACK & DECKER
CEO: John Lundgren
Executive Compensation, 2010: $32,570,596
U.S. Corporate Income Taxes Paid, 2010: -$183 million

CAPITAL ONE FINANCIAL
CEO: Richard Fairbank
Executive Compensation, 2010: $14,850,675
U.S. Corporate Income Taxes Paid, 2010: -$152 million

NABORS INDUSTRIES
CEO: Eugene Isenberg
Executive Compensation, 2010: $13,537,486
U.S. Corporate Income Taxes Paid, 2010: -$138 million

EBAY
CEO: John J. Donahoe
Executive Compensation, 2010: $12,382,486
U.S. Corporate Income Taxes Paid, 2010: -$131 million

MARSH & MCLENNAN
CEO: Brian Duperreault
Executive Compensation, 2010: $14,038,187
U.S. Corporate Income Taxes Paid, 2010: -$90 million

FORD
CEO: Alan Mulally
Executive Compensation, 2010: $26,520,515
U.S. Corporate Income Taxes Paid, 2010: -$69 million

MYLAN LABORATORIES
CEO: Robert Coury
Executive Compensation, 2010: $14,975,235
U.S. Corporate Income Taxes Paid, 2010: -$73 million

ALLEGHENY TECHNOLOGIES
CEO: Patrick Hassey
Executive Compensation, 2010: $14,978,587
U.S. Corporate Income Taxes Paid, 2010: -$47 million

QWEST COMMUNICATIONS
CEO: Edward Mueller
Executive Compensation, 2010: $13,446,399
U.S. Corporate Income Taxes Paid, 2010: -$14 million

CHESAPEAKE ENERGY
CEO: Aubrey McClendon
Executive Compensation, 2010: $21,044,952
U.S. Corporate Income Taxes Paid, 2010: $0

GENERAL ELECTRIC
CEO: Jeff Immelt
Executive Compensation, 2010: $15,199,762
U.S. Corporate Income Taxes Paid, 2010: -$3.2 billion

CABLEVISION SYSTEMS
CEO: James Dolan
Executive Compensation, 2010: $13,320,691
U.S. Corporate Income Taxes Paid, 2010: -$3 million

WYNN RESORTS LTD
CEO: Steve Wynn
Executive Compensation, 2010: $14,615,779
U.S. Corporate Income Taxes Paid, 2010: $0

COCA-COLA
CEO: John F. Brock
Executive Compensation, 2010: $19,114,318
U.S. Corporate Income Taxes Paid, 2010: $8 million

MOTOROLA SYSTEMS
CEO: Gregory Q. Brown
Executive Compensation, 2010: $13,732,802
U.S. Corporate Income Taxes Paid, 2010: $7 million

AON
CEO: Gregory Case
Executive Compensation, 2010: $20,783,301
U.S. Corporate Income Taxes Paid, 2010: $16 million

MOTOROLA MOBILITY
CEO: Sanjay Jha
Executive Compensation, 2010: $13,016,126
U.S. Corporate Income Taxes Paid, 2010: $12 million

BOEING
CEO: Jim McNerney
Executive Compensation, 2010: $13,768,019
U.S. Corporate Income Taxes Paid, 2010: $13 million

Executive Excess 2011: The Massive CEO Rewards for Tax Dodging [IPS]

25 CEOs Who Earned More Than Their Companies Paid in Taxes [The Atlantic]

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