July 19, 2018

Keith Sherin

General Electric Is Good at Things Other Than Tax Planning

While everyone has basically forgotten how bent out of shape they were at GE for their tax savviness (all legal!), the company’s CFO mentioned today that earnings are looking decent regardless.

At the company’s shareholders meeting Keith Sherin said “This is the best earnings outlook we’ve had in the last 10 years,” which indicates that tax planning might not be everything. [Reuters]