13
votes
Walmart dodged up to $2.6 billion in US tax through a “fictitious” Chinese entity, former executive says
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- Title
- Walmart allegedly created "fictitious" Chinese JV to avoid US tax
- Authors
- Max de Haldevang
- Published
- Sep 5 2019
- Word count
- 3046 words
It seems like the IRS should be noticing when big companies avoid taxes in a major way and Congress should be passing laws to close loopholes like this every year. Like, nice try, tax accountants, you got away with it for one year.