Nice!

That Walmart, them boys always think of everything. Like using Walmart-owned companies to pay themselves rent and use those payments as a tax deduction!

Wal-Mart is using a tax loophole involving "real-estate investment trusts" to call "rent" it pays to itself a tax-deductible business expense, Drucker explains. A Wal-Mart subsidary will pay rent to a real-estate investment trust, which is owned by another Wal-Mart subsidiary. The trust hands the rent to the second subsidiary in the form of a dividend, which cannot be taxed. Additionally, Wal-Mart counts the initial rental payment as a business expense, which is deducted from taxes in the state where the store is located. In one four-year period, Wal-Mart avoided $350 million in taxes using this strategy, which was developed by the accounting firm Ernst & Young LLP.

This coming from the company that claims to help communities. (Then again, what corporate doesn't attempt to make such claims?) First they give community residents low paying jobs with no benefits, and then they refuse to pay taxes to the community to help pay for those somewhat important things, like education and infrastructure. So, just in case you were wondering... Attention shoppers! Walmart now carries dildos, available in aisle 5. Please purcahse one and go fuck yourselves. Thank you for shopping at tax free Walmart!