A publication of Propublica
by Jeff Gerth, ProPublica, and Allan Sloan, Fortune
GE is in a class by itself when it comes to paring its tax rate well below the top U.S. corporate rate of 35 percent – sometimes into the single digits – using an array of strategies that include hiring top tax experts from IRS and Treasury.
A version of this story was co-published with Fortune.
More coverage: Paulson Book: Behind the Scenes, GE’s Top Exec Confided Credit Woes
Setting The Record Straight on GE’s Taxes
by Jeff Gerth, ProPublica, and Allan Sloan, Fortune
Did GE pay U.S. income taxes in 2010? The company known for minimizing its tax bill made a muddled situation worse responding to a New York Times report suggesting it might get a refund. GE now says it has a small tax liability for 2010.
This story was co-published with Fortune.
Deteriorating Oil and Gas Wells Threaten Drinking Water, Homes Across the Country
by Nicholas Kusnetz | @nkus
Oil, gas and tainted water can seep through abandoned gas and oil wells into drinking water sources and sometimes into septic systems. But most states don’t have enough money to plug them.
A version of this story was co-published with the Pittsburgh Post-Gazette.
More coverage: Buried Secrets: Gas Drilling’s Environmental Threat