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Report Claims Wal-Mart's Executive Pay Plan Exploits Tax Break
Bloomberg BNA Link to more items from this source
June 28, 2014
"A report by two Washington groups takes Wal-Mart Stores Inc. to task for exploiting performance-based pay breaks in Internal Revenue Code Section 162(m) to subsidize excessive executive compensation at taxpayer expense. The retailer, which is the largest private employer in the U.S., saved about $104 million over the past six years by deducting performance-based compensation paid to eight top executives, said the June 4 report[.]"

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