General Electric. Andrew Cox ECON 340 Presentation. G.E. General Info. Edison General Electric Company was Founded in 1889 by Thomas Edison Headquarters is in Fairfield, Connecticut Public Company that now operates in more than 100 countries Consolidated Revenue (2013)- 146 Billion
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ECON 340 Presentation
G.E. has manged to escape paying taxes through two unique strategies:
-Intense lobbying for tax breaks
-New accounting techniques that allows for them to focus most profits out of the U.S
Also helping them with this tax issue is former Treasury official John Samuels, leader of G.E.’s tax department. This department includes many important figures from the Treasury, I.R.S. and people from tax writing commitees in congress