Wal-Mart Wins Tax Case Against Puerto Rico

U.S. District Court Judge Jose Fuste ruled as illegal a tax levied by Puerto Rico on retailer Wal-Mart Stores. Implemented by the U.S. territory’s government in 2015, the tax rule raised the tax for on-island companies with more than $2.75 billion in revenue that sources products from off-island suppliers from 2 percent to 6.5 percent. Wal-Mart claimed the tax violated the commerce clause of the U.S. Constitution by unfairly taxing interstate commerce.