At VIFreepBritish Virgin Islands NewsBusiness NewsCaribbean News

Walmart Hoarding Cash in BVI To Avoid Taxes

 walmart

As the commercial used to say, “How do you think they got so rich?” Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from reading the giant retailer’s annual report. A new study has found Wal-Mart has at…

Previous post

CAR OVERTURNS A.J.C. BROUWERS ROAD, SXM - PASSENGERS SLIGHTLY INJURED

Next post

Fears of a Pan Am Games flop: U.S. Virgin Islands to make its mark

The Author

John McCarthy

John McCarthy

John McCarthy has been reporting on the U.S. Virgin Islands since 1989. He is originally from Detroit, Michigan.

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *