Ikea Has Been Accused of Avoiding 1 Billion Euros in Taxes

This is old news. I detailed IKEA’s tax structure back in 2011, while also detailing my career and demise from this retail giant. It was one of the more entertaining articles and comment streams in the history of TBP. Here is the link in case you’re interested:

IKEA – MY STORY

Via Fortune

Ikea is once again under the microscope for corporation tax avoidance, in a time when U.S. multinationals Alphabet, Amazon, and Apple are also feeling the heat in Europe.

The Swedish furniture company has been accused of avoiding more than €1 billion in taxes over the past six years by Ministers of the European Parliament. The ministers are demanding an official probe into the companies tax practices.

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