GE Taken to Court by U.K. Tax Authority in $1 Billion Dispute

Submitted by admin on July 12, 2020 - 11:16pm

Source:

Motley Fool

News Tags:

taxes

GE Healthcare

Headline:

GE Taken to Court by U.K. Tax Authority in $1 Billion Dispute

snippet:

The United Kingdom tax authority, Her Majesty's Revenue and Customs (HMRC), accused General Electric (NYSE:GE) in a court filing of misleading the tax agency over a 2005 transaction the company made with an Australian subsidiary, according to a Bloomberg report.

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GE Taken to Court by U.K. Tax Authority in $1 Billion Dispute

GE Taken to Court by U.K. Tax Authority in $1 Billion Dispute