Independent: GE Healthcare: Minimal tax paid by NHS supplier ‘should be investigated urgently’
media mention“Matt Gardner, executive director of the US research group the Institute on Taxation and Economic Policy, said: “GE has been remarkably successful over a long period of time in zeroing out tax liabilities in the US and abroad.” Attempts to unravel where GE Healthcare pays tax, and how much, are obstructed by the complicated company structure it uses. Mr Gardner said experience with another big tax avoider, Apple, highlighted that only interrogation by Senate committees could ever get to the bottom of such companies’ opaque tax affairs. He added: “GE’s very existence in the US is due to government contracts. It would be nice if there were policies in place that made sure businesses contracted with the government pay their fair share of tax.””