The San Diego Estate Center

We Can Plan Any Estate In California - The Law Offices of Roy Newman

Tax Relief and Trusts: How Wal-Mart Avoids Taxation

The Wall Street Journal has unraveled a scheme used by the giant retailer to avoid the imposition of state taxes in as many as 25 states. The simple graph of how the scheme works can be viewed here. Basically, Wal-Mart pays rent to its real estate trust and that trust then pays [...]