Wal-Mart Challenges N.C. Tax Bill

[Triana]

<b>IMO the state oughtta tell Mal-Wort to go to Hell</b>
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Wal-Mart Challenges N.C. Tax Bill

POSTED: 11:18 am EDT July 8, 2006
UPDATED: 11:20 am EDT July 8, 2006

RALEIGH, N.C. -- Wal-Mart has sued the state of North Carolina, contending it paid $30.2 million too much in corporate income tax because the state combined income from Wal-Mart with 112 stores in the state and two separate businesses.

The lawsuit was filed in Wake County Superior Court. The state has filed a request to dismiss the lawsuit, but had no comment on the case.

The corporation said the state shouldn't have combined income taxes on Wal-Mart, Wal-Mart Real Estate Business Trust and Wal-Mart Property Co.

Wal-Mart attorney Jack Cummings said he also has filed a lawsuit seeking a $3.5 million refund for Sam's Club stores in North Carolina.

The lawsuit said Wal-Mart Property didn't conduct business in the state.