Would it be effective to tax the profit of a good/service?

I’m in this sustainable economics class and I’m wondering about how to make a company such as Nestle that benefits from selling water bottles to people without access to clean fresh water.

Is there a way you could fund the development of a municipal water utility by taxing the water bottles the sell, but not taxing at point of sale and instead taxing the companies profit directly?

For instance, if you tax a $1.00 bottle of water at 5%, then the cost to a consumer is $1.05.

Could you instead find a way to make nestle report its costs, revenue, profits etc. per bottle and then charge their profits at a fixed rate like 2%?

My idea is that you could tax without raising costs to consumers