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Setting The Record Straight on GE’s Taxes
April 4th, 2011
PROPUBLICA/FORTUNE – Did GE pay U.S. income taxes in 2010? The company known for minimizing its tax bill made a muddled situation worse responding to a New York Times report suggesting it might get a refund. GE now says it has a small tax liability for 2010.
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5 Ways General Electric Plays the Tax Game
April 4th, 2011
PROPUBLICA/FORTUNE – GE is in a class by itself when it comes to paring its tax rate well below the top U.S. corporate rate of 35 percent – sometimes into the single digits – using an array of strategies that include hiring top tax experts from the IRS and Treasury.
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