Walmart Accused of Stashing $76 Billion in 78 Foreign Tax Havens

[singular_me]

actually, thats ironic, debt-blackhole-corporations evading taxes and feasting on food stamps and other gov programs

----------------------------------
Walmart Accused of Stashing $76 Billion in Assets in 78 Foreign Tax Havens
22nd June

‘Walmart, the biggest retailer in the world, uses foreign tax shelters to stash $76 billion in assets in order to reduce the amount of taxes it has to pay to the U.S. government.

A report (pdf) from Americans for Tax Fairness said Walmart had at least 78 offshore subsidiaries and branches to stash the assets where they’re not subject to U.S. corporate tax rates.

The study, which used information provided by the United Food & Commercial Workers International Union, said 90% of the havens were based in Luxembourg and the Netherlands. Bloomberg reported “overseas operations have helped the company cut more than $3.5 billion off its income tax bills in the past six years.”’

http://www.allgov.com/news/top-stories/walmart-accused-of-stashing-76-billion-in-assets-in-78-foreign-tax-havens-150619?news=856761

[ximmy]

If some one were to investigate, I'm sure walmart has its paws in every dirty little thing.


Wal-Mart's Walton Family:
The Beasts of Bentonville by Richard Freeman [Note: Figures in this article are available to paying subscribers to Electronic Intelligence Weekly (http://www.larouchepub.com/eiw/index.html).]
The Walton family, which founded and today controls Wal-Mart, lives on blood money. Operating jointly with the City of London-Wall Street bankers, it became the world's wealthiest family by decimating the U.S. and world physical economies, and by applying ferocious austerity, driving wages and living standards beneath the level needed for existence. Forbes magazine places the worth of the family at greater than $100 billion.
The threat posed by the Waltons is not merely in the size of their fortune. Older monied families such as the Mellons, Rockefellers, and the corrupted Ford family fortunes have been more powerful politically and financially, as have also been the much smaller family nest-eggs of George Soros and Michael Steinhardt. But the danger today is that the Waltons, with such a storehouse of wealth available to them, will use it, for one thing, to build even more Wal-Mart stores, with even more devastating effects on the world economy! But not only that:


The Waltons are using their enormous leverage to carefully construct a banking empire, under tight family control.


They are bankrolling a vast neo-conservative political network. For example, John Walton, who is worth more than $20 billion himself, was the largest single individual contributor to Gov. Jeb Bush in the 2002 Florida gubernatorial race.


They are the principal financial force in the effort to privatize the public school system, through school vouchers, which would wreck public education. They would create a School-Mart.


http://www.larouchepub.com/other/2004/3103waltons.html

[Jewboo]

If some one were to investigate, I'm sure walmart has its paws in every dirty little thing.



http://images.china.cn/attachement/jpg/site1007/20120128/001109b42f9b108dc9a727.jpg
Put on Lear jet tonight...they served on Walton's breakfast table in morning.

:rolleyes:

[ximmy]

http://images.china.cn/attachement/jpg/site1007/20120128/001109b42f9b108dc9a727.jpg
Put on Lear jet tonight...they served on Walton's breakfast table in morning.

:rolleyes:

24 hours fresh... Junior never stood a chance...

http://blog.nclr.org/wp-content/uploads/2013/04/poultry-worker-small.jpg

[Serpo]

https://www.youtube.com/watch?v=VnBf50rE3LA

[Spectrism]

This is why, when you elect me president, I will eliminate all income tax and replace it with a national sales tax and hefty import tariff. Foreign corporations doing business in Amerika will place an appropriate bond in escrow to cover potential liabilities and will pay a tariff set in accordance with their operations and country of origin practices. The big sucking wound you will hear will be jobs coming back to Amerika. In order to respect property rights, I will see that all property taxes are outlawed. You pay tax on it once, then no more.

[Cebu_4_2]

https://www.youtube.com/watch?v=VnBf50rE3LA

Sounds like a business opportunity to me!

[Serpo]

Closed Walmarts Are Micro-chipping and Slave Labor Processing Centers
http://www.thecommonsenseshow.com/siteupload/2013/12/dia-mural-1.jpg (http://www.thecommonsenseshow.com/siteupload/2013/12/dia-mural-1.jpg)

Maybe this picture located near baggage claim at Denver International Airport will make a little more sense after reading this article. Please note the soldier leading people through a tunnel. A tunnel presumably to Walmart? And of course, who could miss the dead child?





Sec. 502. Consultants. The head of each agency otherwisedelegated functions under this order is delegated the authority of the President under sections 710(b) and (c) of the Act, 50 U.S.C. App. 2160(b), (c), to employ persons of outstanding experience and ability without compensation and to employ experts, consultants, or organizations. The authority delegated by this section may not be redelegated.

This means that Obama, and his fellow communists, can seize any resource, property, or person at any time for any reason, including being able to force that person to perform assigned labor without being paid.
There is only ONE word for forced, “uncompensated employment”. That word is slavery. Congratulations to President Obama, he has effectively repealed the 13th Amendment to the Constitution.


http://www.thecommonsenseshow.com/2015/06/23/closed-walmarts-are-micro-chipping-and-slave-labor-processing-centers/

[Cebu_4_2]

Walmart has a bazillion locations across the earth and use many business names. What they are claiming as tax havens might just be a bank in a location not under USi jurisdiction. So if they have a company in Japan under another assumed name and separate entity it is not necessarily a tax haven.

Right? This is just my opinion on it.