G.E.’s Strategies Let It Avoid Taxes Altogether - NYTimes.com
Snowdenn Brock | recommended
By DAVID KOCIENIEWSKI
Published: March 24, 2011
General Electric, the nation’s largest corporation, had a very good year in 2010.
Showing posts with label GE. Show all posts
Showing posts with label GE. Show all posts
Monday, April 18, 2011
Wednesday, April 13, 2011
AP Falls for Yes Men’s GE Prank — ANIMAL
AP Falls for Yes Men’s GE Prank — ANIMAL
"Earlier today, pranky activist group the Yes Men, posing as General Electric, issued a press release announcing that the company would be “gifting its entire 2010 tax refund, worth $3.2 Billion, to the US Treasury on April 18, Tax Day.” Amazingly, the Associated Press ran with the bogus story. And the timing could have been more perfect.
In the past few weeks, it has been widely reported that GE paid no taxes last year despite profits exceeding $14 billion."
"Earlier today, pranky activist group the Yes Men, posing as General Electric, issued a press release announcing that the company would be “gifting its entire 2010 tax refund, worth $3.2 Billion, to the US Treasury on April 18, Tax Day.” Amazingly, the Associated Press ran with the bogus story. And the timing could have been more perfect.
In the past few weeks, it has been widely reported that GE paid no taxes last year despite profits exceeding $14 billion."
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