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Ikea's Dutch Tax Deals Are Latest EU Target

EC probes Swedish furniture maker's deals in the Netherlands.

By Aoife White and Stephanie Bodoni, Bloomberg | Updated on December 18, 2017

Ikea is the latest company ensnared in the European Union’s sprawling tax probes as regulators look at whether the retailer’s revenue deals in the Netherlands allowed it to avoid hundreds of millions of euros of taxes.

The tax breaks may have given Inter Ikea Group, which operated the Swedish furniture maker’s franchise business, an unfair advantage over rivals, the European Commission said in an emailed statement Monday. It will probe a 2006 deal on how Ikea calculates a license fee paid by a Dutch unit to a Luxembourg branch where it was exempted from tax. The EU will also look at a 2011 ruling on how the Dutch company paid tax on payments to a Liechtenstein unit.

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