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In the case of Kamprad, it is definitely merely marketing. He hates paying taxes, and used the same passion for optimizing furniture to optimize his company str
by henrikschroder 10y ago
In the case of Kamprad, it is definitely merely marketing. He hates paying taxes, and used the same passion for optimizing furniture to optimize his company structure. IKEA is one of the most complicated legal tax-evasion structures around. It is believed that a few percent of the worldwide revenue - not profits! - are going straight into Ingvar's pockets, tax-free. That's quite a feat.
- joelrunyon 10y ago"tax evasion" = illegal. I think you mean tax avoidance.
- jacobush 10y agoTrue technically but he is in dark grays - only a handful "national treasure" Swedish companies can make the Swedish state sometimes, not exactly look the other way, but not look very HARD. (This was a long time ago of course, nowadays, IKEA is not very Swedish at all. It's not very particular anything. It's only one holistic system of systems, one vast and immane, interwoven, interacting, multi-national.)
- kalleboo 10y agoPart of the reason the IKEA structure is so complicated is that it's engineered in a way to keep the both the tax benefits that everyone else also has (see Apple, Google, etc), and also keep the company in strict private Kamprad family control. Public companies like Apple don't need that extra complexity and get away with your standard Dutch-Irish sandwich