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Walmart In The Hot Seat -Tax Evasion
Read the full article: http://www.money-rx.com/blog/2008/01/walmart-loses-reit-tax-...
Walmart lost a ruling in North Carolina where it sought tax refunds worth $33.5 million in taxes, penalties and interest which it had paid for using a tax scheme where Walmart paid itself rent and then claimed tax deductions for that. Three more states set to follow...
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