How IKEA is structured to minimize tax and maximize control

Re:How IKEA is structured to minimize tax and maximize control by jacques_chester on Tuesday February 01, 2011 @06:35AM (#2165219)

A former I-banker of my acquaintance once tried to explain schemes like these to me. There's one call the "Double Dutch Sandwich", involving sending the money on a roundtrip through Holland, then Ireland, then Holland again. Or was it the other way around? Either way, it made me think fondly of PHP spaghetti code.

edit: I got it wrong. There's the "Double Irish" and the "Dutch Sandwich".

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Re:How IKEA is structured to minimize tax and maximize control by rtghnyhjm on Tuesday February 01, 2011 @11:24AM (#2166035)

I think the Dutch Sandwich is something like - you move all the money to Netherlands, so no tax in the rest of Europe (common market) then to a Dutch owned off-shore tax haven like the Dutch Antilles - so you pay no tax in the Netherlands either.

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