alt Hacker NewsI always assumed that IKEA being a non-profit was a tax evasion maneuver first and foremost. Even Wikipedia says that the goal of their convoluted corporate setup is to enable a "non-taxable for-profit" entity.
I don’t think that's what Infomaniak is after. Not even in the same ballpark.
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abc123abc123 • today at 11:18 AM
Of course. The reason IKEA was structured as it was, is to pay very little tax. Sadly this rational and admirable way of running the company has now gone out the window and the current ownership is way more woke than during the golden era. But now they are big enough to do what they want, so it doesn't really matter that much.
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Of course, there is no way that a wasteful company like IKEA, that basically sells overpriced plastics and cheap aggregates does actually benefit humanity as a nonprofit implied purpose would. The waste it creates is very substantial on many levels, not even mentioning wasting people’s time and fostering bad taste through short-lived production cycles. Transitioning to a nonprofit obviously has a lot to do with taxes evasion and maybe a little bit of communication posturing too.