{"id":9420,"date":"2011-03-30T22:10:11","date_gmt":"2011-03-30T20:10:11","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=9420"},"modified":"2011-03-30T22:10:13","modified_gmt":"2011-03-30T20:10:13","slug":"ge-says-we-all-got-its-tax-wrong","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/03\/30\/ge-says-we-all-got-its-tax-wrong\/","title":{"rendered":"GE says we all got its tax wrong"},"content":{"rendered":"<p>GE says we all got its tax wrong.<\/p>\n<p>So I<a href=\"http:\/\/www.gereports.com\/setting-the-record-straight-ge-and-taxes\/\">'ll link their correction, here.<\/a><\/p>\n<p>As they say:<\/p>\n<blockquote>\n<p><strong style=\"color: #666666;\">GE pays what it owes<\/strong> under the law and is scrupulous about its compliance with tax obligations in all jurisdictions<\/p>\n<\/blockquote>\n<p>No one ever said otherwise. We said you lobby to change those obligations.<\/p>\n<p>And they say:<\/p>\n<blockquote>\n<p><strong style=\"color: #666666;\">The Times erroneously suggests GE makes use of tax &ldquo;loopholes&rdquo; or &ldquo;innovative accounting.&rdquo;<\/strong> Our accounting and tax positions fully comply with all applicable rules and regulations and are based on sound public policy.<\/p>\n<\/blockquote>\n<p>Again, no one ever said otherwise.<\/p>\n<p>We just said you spend a lot of money make sure sound public policy accords with GE's view of what sound public policy should be.<\/p>\n<p>And we questioned the ethics of that.<\/p>\n<p>And the fact it meant you paid no tax in the US in 2010.<\/p>\n<p>And the article utterly fails to address those lobbying issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GE says we all got its tax wrong. So I&#8217;ll link their correction, here. As they say: GE pays what it owes under the law<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/03\/30\/ge-says-we-all-got-its-tax-wrong\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,16,75],"tags":[],"class_list":["post-9420","post","type-post","status-publish","format-standard","hentry","category-corporation-tax","category-ethics","category-usa"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=9420"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9420\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=9420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=9420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=9420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}