Brussels, 12/02/2016 (Agence Europe) - The Swedish company, Ikea, avoided paying a billion euros of tax by using tax havens within the EU, according to a report commissioned by the Greens/EFA group at the European Parliament and published in the early evening of Friday 12 February.
In a press release, the Greens/EFA explain: “One of the techniques is shifting royalties from each IKEA store to a subsidiary in the Netherlands, which acts as a conduit. The royalties go in and out of the...