They Call Him Comrade

All corporations, even GE pay tax. The fundamental that most if not all of the public and our genius MSM miss is the accrual/recording of a tax liability and the payment of taxes. With global companies it is even more difficult as foreign taxes, where the profits are made, etc make a big difference. The ongoing business activity or a corporation involves investment, sales, expenses, depreciation, allocation of cost to revenue, accrual of liabilities etc. The timing of expense and revenue recognition is different for SEC reporting and tax payment. The timing differences are why current cash tax payments seem out of synch with business activity in a year. All businesses operate under the same rules for the most part.