CNNMoney: Although its international businesses netted a $10.8 billion profit and General Electric filed more than 7,000 income tax returns in hundreds of global jurisdictions last year, when push came to shove, the company owed the U.S. government a whopping bill of $0.
Yes. After Getting Bailed Out By American Taxpayers, General Electric Pays ZERO U.S. Taxes, Pretending that All of Its Profits are Overseas