Daily Investment Tips

In 2010 GE had $150 billion of revenue, and $12 billion of net profit. But in 2010, this massive and wildly profitable company paid Zero in U.S. income taxes, says the New York Times.

How General Electric Pays Zero Taxes and how you too can lower your taxes.

According to the NY Times article, GE aggressively lobbys for tax breaks and engages in innovative accounting that enables it to concentrate its profits offshore.

If you want to lower your taxes like GE you need to fiercely start lobbying your member of congress to make a case for lower taxes. If need be threaten him or her with refusing to vote for him/her next time. A more crazy idea is join the tea party movement.

Next, talk to your accountant and attorney about setting up an offshore trust fund that is designed to minimize your taxes. It might be expensive but if you have built a substantial fortune it might be worth it.

written by Constantine Njeru \\ tags: Accountant, Accounting, Crazy Idea, General Electric, Income Taxes, Lower Taxes, Member Of Congress, Net Profit, New York Times, Ny Times Article, Offshore Trust, Profitable Company, Profits, Substantial Fortune, Tax Breaks, Tea Party, Trust Fund

According to Google finance BP stock analysis, BP had an operating margin of 10.74% in 2009. In 2010 BP operating margin was 12.91%.

BP Net profit margin for the same period was 6.81% in 2009 and 8.32% in 2010.

BP itself admits, It is hard to predict BP operating margins because they are affected by

1. Seasonal demand patterns
2. The ever changing price of oil.
3. Geo politics

written by Constantine Njeru \\ tags: Bp, Demand Patterns, Finance, Google, Net Profit, Operating Margin, Operating Margins, Price Of Oil, Profit Margin, Seasonal Demand, Stock Analysis