> - Wealth taxation was abolished in 2007
I did notice once that IKEA's governance scheme looked like an unusually sophisticated anti-tax structure. It now makes sense why the Swedes would be really interested in dodging taxes.
> - Wealth taxation was abolished in 2007
I did notice once that IKEA's governance scheme looked like an unusually sophisticated anti-tax structure. It now makes sense why the Swedes would be really interested in dodging taxes.
The foundation based governance model is common all over Northern Europe because of the reason you pointed out ;).
SAAB, Bosch, ThyssenKrup, and others are similarly structured.
SAAB is publicly traded, however a majority(or nearly) of voting shares are held more or less directly by the Wallenberg family, they have investment/"power companies" as well as their family foundation(s) and control quite a few major companies here.
> IKEA's governance scheme
They are non profit charity designing furniture for the humanity, what taxes are you talking about?