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The bad version is that anyone who pays taxes at a rate above some set amount gets to use the car pool lane without a passenger. Or perhaps the rich are allowed
by Create 16y ago
The bad version is that anyone who pays taxes at a rate above some set amount gets to use the car pool lane without a passenger. Or perhaps the rich are allowed to park in handicapped-only spaces.
This is all over the place: e.g. London congestion fee (rich have no trouble paying, and it clears the lanes for them as an added bonus). Same for all other: parked in the wrong place? The secretary will send off the fine.
IKEA: Kamprad insists, that he and his family have no control over Ikea, which went entirely to Stichting Ingka Foundation and its subsidiary Inka Holdings, based in Liechtenstein. Billions are spread through Belgium, Luxembourg, Switzerland, Virgin Islands (travel Branson :) and Cyprus. When confronted, Kampard has declared, that Ikea respects the law and pays its taxes, but he added that it doesn't want to pay too much (GOOG comes to mind with Irish-Dutch-Bermuda triangle money laundering scheme).
It is just a structure optimisation, which gives the possibility and flexibility to use capital towards new markets to develop business without the burden of double taxation ...declared Kamprad. [src: SVT]