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Post Info TOPIC: 57,000 page tax return, $0 taxes


Guru

Status: Offline
Posts: 2549
Date: Nov 17, 2011
RE: 57,000 page tax return, $0 taxes
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as recently as 2008, GE's income was mostly from nonmanufacturing, financing/money endeavors. That's a lot of money that still needs to be written down.



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Guru

Status: Offline
Posts: 572
Date: Nov 17, 2011
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super

tax code should be 1 page.  On the plus side, I guess GE employs a lot of people to keep their records and fill out 57000 pages of forms.

http://www.weeklystandard.com/blogs/ge-filed-57000-page-tax-return-paid-no-taxes-14-billion-profits_609137.html



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