Comment on How IKEA is structured to minimize tax and maximize controlparentComments−alastair15y"Wal-Mart paid 34 cents in taxes for every dollar of profit it made in the past three years."[http://wgbhradio.org/News/Articles/2011/1/29/For_Many_Compan...]−Tichy15yStill, profit is only what is left after the accountants did their job.−loewenskind15yFunny that the articles uncited tax number only went back 3 years. What would happen if they went back more? http://www.ctj.org/pdf/walmart041607.pdf
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"Wal-Mart paid 34 cents in taxes for every dollar of profit it made in the past three years."
[http://wgbhradio.org/News/Articles/2011/1/29/For_Many_Compan...]
Still, profit is only what is left after the accountants did their job.
Funny that the articles uncited tax number only went back 3 years. What would happen if they went back more? http://www.ctj.org/pdf/walmart041607.pdf