Monday, May 2, 2011
GE responds to David Cay Johnston's
April 6 Tax Notes column, Regressive Tax Inc.
, 131 Tax Notes 215 (Apr. 11, 2011), in this letter to the editor,
131 Tax Notes 527 (May 2, 2011):
David Cay Johnston's April 11 column ... made a tortured attempt to criticize GE, suggesting that GE paid no federal income taxes in 2010, and questioned the integrity of GE's tax compliance practices, referencing a 2008 story he wrote in Tax Notes International [Blame It on Rio: GE's Brazilian Headache (June 30, 2008, p. 1067)] concerning Brazilian sales tax incentives. We would like to clarify a few points.
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