General Electric: 2010 profit=$10 billion Taxes=$0!
You’ve probably heard this by now. General Electric (GE) is paying no taxes in the US despite more than $10 billion in profits for the accounting year 2010! How can this be!? I’s earning a fraction (a tiny, little, minute fraction of the $10 billion to be clear) and I’m paying taxes!! US corporations are usually taxed [...]
Win $300 worth of tutoring
Contact Us
Book your appointment –>
Accounting tutor
- Accounting: The language of business
- Accelerated Accounting: Summer School
- General Electric: 2010 profit=$10 billion Taxes=$0!
- Accounting for Programmers
- Arithmetic Average vs Geometric Average
- Importance of Accounting for Investors
- Nobel Prize for Accounting!
- Learn Accounting?
- Deferred taxes
- SEC: Securities Exchange Commission
- Accounting Summer boot camp: need I say more? Hurry!
- Did you know that there are different types of averages? Latest post at accountingtutor.org
- Great deal for students: $20 Amazon.com Gift Card for $10! http://t.co/kE0ONQo via @LivingSocial
- RT @jockeymartin: Kohl's takes bigger Q3 hit but posts better sales: N) on Thursday said an accounting change regarding leased pro... ht ...
- Accounting change could hurt profits by up to $75 million at Khols http://bit.ly/gMeR2L
- If Google plaid $6 billion for Groupon, how would the excess of the purchase price be treated from an accounting view?
- “@SwiftEconomics: The Worst Is Over — A Lesson in Accounting 101 for Economists http://bit.ly/9BR8tC #banks” great work here. Read it!
- RT @SwiftEconomics: The Worst Is Over — A Lesson in Accounting 101 for Economists http://bit.ly/9BR8tC #banks
- accounting is b-e-a-u-t-i-f-u-l
- why does other comprehensive income confuse people!?