No, Wal-Mart does own their buildings but via a

different REIT entity which is owned by Wal-Mart. To outsiders and state government, they look two different companies. Wal-Mart pay rent to this REIT, but it's actually like Wal-Mart paying itself. So, WM get big tax breaks. How smart they are!

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Wal-Mart and McDonld own buildings in the early stage -挨踢- 给 挨踢 发送悄悄话 (145 bytes) () 06/14/2007 postreply 19:35:01

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