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.
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