Here is your chance to boycot the Dutch. Remember us? We're the horrible lot that was last to abandon slave trade. But guess what, thanks to Walmart we're doing fine again. Although there are no Walmart stores in he Netherlands, Walmart is making our country great again. Every time you buy at Walmarts, we, the Dutch get richer. The company has assets of $ 205 billion, $ 85 billion of which is outside the US. 90% of foreign assets is parked in Luxembourg ($ 64 billion) and the Netherlands ($ 12 billion). The Dutch subsidiaries include the 592 UK stores from Walmart. It is interesting that four of the five Dutch subsidiaries are a cooperative and that may well have to do with the shuttling of dividend. The Luxembourg subsidiaries are in charge of more shops and in addition they have $ 41.5 billion in loans to the US holding. That costs the US Treasury $ 1.5 billion annually, according to the researchers and the whole loan structure is their main complaint. How much tax Walmart pays in the US is not known, but the $ 16 billion profit was made on sales of $ 486 billion. More numbers: measured by turnover, it's the largest company in the world and employs 2.7 million people across 28 countries. In the Netherlands and Luxembourg, and 13 other countries Walmart has no activity whatsoever, except the administration of loans and royalties and the channeling of funds. Cheers.
Maybe Garage Guy Chris has offered you a good alternative.
