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IKEA

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My Opinion of IKEA:

IKEA is a Swedish company well known for its international franchise of build-it-yourself furniture, but its most profitable business is tax avoidance. It is also a song.

IKEA the company is majority owned by a tax-exempt non-profit, INGA Holdings, which prohibits the founders from receiving profits directly. However, the company does list a large annual business expense to a holding group most likely controlled by the founder Ingvar Kamprad. The company has been admonished for its tax-avoidance by the Berne Declaration.