GENERAL ELECTRIC CO | 2013 | FY | 3


Reconciliation of U.S. Federal Statutory Income Tax Rate to Actual Income Tax Rate 
 Consolidated GE GECC 
 2013 2012 2011 2013 2012 2011 2013 2012 2011 
                   
U.S. federal statutory income                   
   tax rate 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%
   Increase (reduction) in rate                   
      resulting from                  
      inclusion of after-tax                  
      earnings of GECC in                  
      before-tax earnings of GE -  -  -  (16.9)  (15.3)  (11.9)  -  -  - 
   Tax on global activities                   
      including exports(a) (24.7)  (12.5)  (10.4)  (4.1)  (4.3)  (5.2)  (45.0)  (18.4)  (14.7) 
NBCU gain (0.7)  -  9.3  (0.7)  -  9.8  -  -  - 
Business Property disposition -  (1.9)  -  -  -  -  -  (4.2)  - 
   U.S. business credits(b) (3.6)  (2.6)  (3.2)  (1.5)  (0.7)  (1.5)  (4.6)  (4.3)  (4.7) 
   All other – net (1.8)  (3.4)  (2.2)  (2.0)  (2.7)  (0.9)  1.0  (1.5)  (3.5) 
  (30.8)  (20.4)  (6.5)  (25.2)  (23.0)  (9.7)  (48.6)  (28.4)  (22.9) 
Actual income tax rate 4.2% 14.6% 28.5% 9.8% 12.0% 25.3% (13.6)% 6.6% 12.1%
                   
                   

 


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