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G.E.’s Strategies Let It Avoid Taxes Altogether

28.03.2011 by arZan Category Asides

G.E.’s Strategies Let It Avoid Taxes Altogether

Source: www.nytimes.com

General Electric is skilled at avoiding taxes, lately to the extent that the Treasury owes the company money.

Stunning! US corporate taxes fell from 30 percent of federal revenue in the mid-1950s to 6.6 percent in 2009.

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G.E.’s Strategies Let It Avoid Taxes Altogether

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