Inter Ikea (owner of the Ikea brand and manager of the franchise activities) may still have to pay millions of euros in taxes the company is said to have avoided, if two deals with the Dutch tax authorities are revoked.
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In the past six years, Ikea unlawfully deducted about one billion euro from its taxes according to the European Commission’s preliminary findings. The EC launched an investigation into the Swedish company’s deal with the Dutch treasury.
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British Reckitt Benckiser, which owns brands like Durex, Calgon and Nurofen, has evaded hundreds of millions of euros in taxes through the Netherlands according to Oxfam Novib after it studies the company’s financial results.
Starbucks is not planning to just accept Europe's demand to pay back 25.7 million euro in illegal state aid, which is why it has now filed a suit with the European Court.
Swedish furniture giant Ikea avoided about 1 billion euro in taxes in the 2005 - 2014 timeframe, thanks to some very ingenious fiscal schemes across several European countries, according to a report published by the European Greens.