https://www.fool.com/investing/2020/07/10/ge-taken-to-court-by-uk-tax-authority-in-1-billion.aspx
3 replies (most recent on top)
This is just the EU trying to rob US companies because their own economies s— so bad (due to socialist policies). Deflecting focus to an “outsider” always works when dealing with low iq voters.
this should come as no surprise to anyone. the tax team has always been incentivized to come up with schemes and they were rewarded with huge bonuses. GE had an attitude of we are GE and can do what we want. No longer the big dog on the block it is all coming back like a bad nightmare, except many who were involved already reaped their huge bonuses, have moved on to other companies or retirement and probably sold all of their GE shares since they new it was a sham. believe much in the GE leadership model???
1 billion is chump change for GE these days