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How is Ikea a charity?
by joncrane 9y ago
How is Ikea a charity?
- abrowne 9y agoIIRC the brand is owned and licensed by a Dutch organization – legally a charity – created by the founder for tax avoidance purposes.
- orliesaurus 9y agoYeah it's some blackhole of companies holding each other i don't even know how to picture how all this works without pen and paper. [1]https://en.wikipedia.org/wiki/Stichting_INGKA_Foundation https://en.wikipedia.org/wiki/Stichting_INGKA_Foundation
- jonwachob91 9y agoMinute MBA has a really good explanation of their set-up. https://www.youtube.com/watch?v=xvxRePIv85Y https://www.youtube.com/watch?v=xvxRePIv85Y
- orliesaurus 9y agoGreat video, that's genius - good job to the lawyers and financial advisors