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Wal-Mart Wins Tax Case Against Puerto Rico

March 28, 2016: 12:00 AM EST
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.
Nathan Layne and Nick Brown, "U.S. court strikes down Puerto Rico tax on Wal-Mart", Reuters, March 28, 2016, © Thomson Reuters
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