A third example is the world’s largest furniture and
home interior company, IKEA. Its founder, Ingvar Kamprad,
is not only one of the richest men in the world, but
he also lives in a Swiss canton where his taxes are based
only on the value of his house – not on his income. But
Kamprad is not only trying to avoid personal taxes; he
has set up a tax haven network for his company, which
allows IKEA to drastically lower its tax rate. IKEA’s shops
all pay royalties to a holding company called »Inter IKEA
Systems«, which is based in the Netherlands and where
the royalties can be amassed tax-free.