The Community For Marketing Professionals
Ikea Is A Nonprofit, And Yes, That's Every Bit As Fishy As It Sounds
fastcodesign.com
Ikea sells $28 billion in furniture a year, making it the world's largest furniture company. But the retailer pays a slender tax rate of just 3.5%--about a billion dollars--rather than the 18% rate it should pay. How? Ikea is a nonprofit dedicated to furthering the advancement of architecture and interior design--a cause they give a pittance of $2 million or so to a year. Continue Reading
1 minute read
1 upvote
No one has posted a comment yet. Get the conversation started and get some karma!
Sign up
Have an account? Login
- Share and discuss the best content and new marketing ideas
- Find interesting events and jobs
- Build your professional profile and become a better marketer together
No comments