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by roenxi 299 days ago
> - 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.

2 comments

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?