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Wal-Mart

District Court strikes down Puerto Rico’s corporate AMT aimed at Wal-Mart PR

District Court strikes down Puerto Rico’s corporate AMT aimed at Wal-Mart PR

Wal-Mart Puerto Rico, Inc. v. Zaragoza-Gomez, (DC PR 3/28/2016) Civil No. 3:15-CV-03018 (JAF). A U.S. district court has held that certain parts of Puerto Rico’s corporate alternative minimum tax (AMT) regime are unconstitutional and has granted Walmart’s Puerto Rico corporation an injunction to stop its collection. The court characterized the cash-strapped legislature’s increase in the maximum […]

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Wal-Mart blasts Puerto Rico tax ahead of trial

Wal-Mart blasts Puerto Rico tax ahead of trial

SAN JUAN (Reuters) – Wal-Mart’s Puerto Rico subsidiary on Monday said a U.S. commonwealth tax on big companies is discriminatory, setting the stage for a trial starting on Tuesday that could threaten a tax increase Puerto Rico hoped would protect local businesses and jump-start its economy. In court papers filed ahead of the trial, in […]

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Struggling Best Buy Is Trapped Between Wal-Mart and Amazon

Struggling Best Buy Is Trapped Between Wal-Mart and Amazon

Struggling Best Buy Is Trapped Between Wal-Mart and Amazon – It’s the Best Thing That Ever Happened to Its Competitors, as reported in the news of the WS Journal. Best Buy BBY -8.95% still markets itself online as “the ultimate showroom.” The electronics retailer’s critics have been calling this a deadly idea for years: Customers […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney