GE To Repay $3.2 Billion Tax Refund (UPDATE - AP Kills Story Due To Hoax!)
Business • April 2011 • Views: 747
Initially, the AP reported that General Electric would will repay $3.2 billion tax refund by April 18, 2011, phase out tax havens over next five years, and that for each job created overseas that it will create one job domestically.
However, the AP has killed the story, stating that GE indicated that the press release was a hoaxed document.