AP Kills Story Based On Fake Press Release About GE's Taxes

Thirty-five minutes after reporting that "facing criticism over the amount of taxes it pays, General Electric announced it will repay its entire $3.2 billion tax refund to the US Treasury on April 18," The Associated Press just moved this "urgent kill" bulletin:

"The Associated Press has withdrawn its story about General Electric repaying its entire $3.2 billion tax refund to the US Treasury on April 18. The story was based on a press release that GE says was a hoax."

General Electric and its tax bill has been a topic of controversy since a March 25 story in The New York Times that said the company earned $14.2 billion last year, but paid no federal taxes and got a $3.2 billion "tax benefit."

The G.E. logo. i

The G.E. logo. Scott Olson/Getty Images hide caption

toggle caption Scott Olson/Getty Images
The G.E. logo.

The G.E. logo.

Scott Olson/Getty Images

Last week, The Washington Post and ProPublica debunked some of the Times' report. It found that GE will not be getting a refund on its 2010 taxes and likely will have a small tax "liability" for that year, once it's done doing its 2010 return.

No news organization, including NPR, is immune from such mistakes. As we reported in March 2010, "a bogus news release that claimed the American Israel Public Affairs Committee had called on Israel 'to immediately freeze new settlement projects' led to a incorrect report on NPR's newscast this morning."

In October 2009, Reuters was duped by a fake press release that claimed the U.S. Chamber of Commerce had dropped its opposition to climate change legislation.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from