TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Wednesday, February 29, 2012

CTJ: GE Paid 2.3% Tax Rate on $81 Billion of Profits Over Past Ten Years

GE LogoCitizens for Tax Justice, Press Release: General Electric's Ten Year Tax Rate Only 2.3 Percent:

General Electric’s annual SEC 10-K filing for 2011 (filed February 24, 2012) reveals that the company paid at most 2.3% of its $81.2 billion in U.S. pretax profits in federal income taxes over the last 10 years.

Gechart

http://taxprof.typepad.com/taxprof_blog/2012/02/ctj-ge.html

Tax, Think Tank Reports | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef016763205f25970b

Listed below are links to weblogs that reference CTJ: GE Paid 2.3% Tax Rate on $81 Billion of Profits Over Past Ten Years:

Comments

The joke is, there are seven people who understand the GE return, and 16 of them work for GE.

Posted by: mike livingston | Mar 1, 2012 3:20:28 AM