Tax avoidance
Brussels to launch tax probe into Ikea
Swedish flat-pack retailer in spotlight over complex Dutch tax scheme.
Brussels is set to launch an investigation into Ikea on Monday, as the EU widens the net in its four-year crackdown on aggressive corporate tax avoidance.
Margrethe Vestager, the EU’s competition commissioner, will announce an official probe into the flat-pack furniture retailer’s Dutch tax arrangements, which have allegedly helped Ikea avoid nearly €1bn in EU taxes from 2009 to 2014, according to a report published in February 2016 by the Greens in the European Parliament.
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