Ikea isn't a swedish company it's dutch.
ps this is exactly the same sort of scam (double Irish rather than dutch sandwich) used by Google/HP/MSFT/Dell and every other company operating in Europe
ps this is exactly the same sort of scam (double Irish rather than dutch sandwich) used by Google/HP/MSFT/Dell and every other company operating in Europe
Setting up holding companies in EU to pay minimal tax is standard practice: creating a 'charitable organisation' absolutely isn't. Ikea is a very unique, and in some ways innovative, example of creative accounting.