Retailers tax arrangement under E.U. investigation

In December, the European Commission opened an investigation about Inter-Ikea’s specific tax practice with the Netherlands’ government, which issued two specific tax rulings from 2006 and from 2011. According to E.U. reports, the Swedish furniture retailer may have reported royalty on operational revenue via a business based in the Netherlands. In a 2nd step, these sums may have been processed through Luxembourg and Liechtenstein. Taking advantage of this taxation agreement, Ikea ma