3 ms·
That GE link though doesn't really dispute the gist of the NY Times story. Which is that they didn't pay any tax on their profit in the US. That link just goe
by kenjackson 16y ago
That GE link though doesn't really dispute the gist of the NY Times story. Which is that they didn't pay any tax on their profit in the US. That link just goes and says that it pays payroll and sales tax, and tax in other countries. But never actually points out where GE pays tax on profits in the US.
UPDATE: Much better link here
http://www.propublica.org/article/setting-the-record-straight-on-ges-taxes http://www.propublica.org/article/setting-the-record-straigh...
GE hasn't filed their 2010 taxes yet, but appears they will have a small tax liability. How small? We probably won't know unless they tell us, according to the article (which seems odd for a public company).