The Huffington Post -
4 Jul 2014 00:55

CEO Greg Wasson of the giant Walgreen drugstore chain may be thinking of other things than patriotism this 4th of July. He confirmed last month that, to save on taxes, he and his Board of Directors may be renouncing the company's U.S. citizenship and moving its incorporation to Switzerland or some nearby tax haven. Were Mr. Wasson to quit America, where the company rose to great profits and where it receives one quarter of its annual $72 billion in sales from Medicaid and Medicare reimbursements...
Share this Article
Comment on this Article
Please to comment