stackyFACTSYou might think IKEA is just a massive corporation exploiting our collective desire for cheap particle board, but legally, it is a non-profit miracle.
You might think IKEA is just a massive corporation exploiting our collective desire for cheap particle board, but legally, it is a non-profit miracle. Through a bafflingly complex web of European holding companies, the IKEA brand is ultimately owned by a Dutch 'charitable foundation' designed specifically to shield the multi-billion-dollar empire from aggressive taxation and corporate takeovers. The only thing they are donating is headaches to tax auditors.
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