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[narrator] Kamprad devised a complex ownership structure for IKEA

Kamprad deviseda complex ownership structure for IKEA, dividing the corporationinto many...

Broken • S01E03 • 2019

[narrator] Kamprad devised
a complex ownership structure for IKEA, dividing the corporation
into many smaller companies, moving its headquarters
to the Netherlands, and creating a non-profit foundation to shelter
the company's enormous earnings. According to Svenungsson's investigation, it was all a ploy to avoid paying
their fair share of taxes in Sweden. IKEA is not a transparent company

Full Transcript

00:00:01.000 --> 00:00:04.753

[narrator] Kamprad devised a complex ownership structure for IKEA,

00:00:04.092 --> 00:00:08.132

dividing the corporation into many smaller companies,

00:00:08.215 --> 00:00:10.301

moving its headquarters to the Netherlands,

00:00:10.426 --> 00:00:12.303

and creating a non-profit foundation

00:00:12.386 --> 00:00:15.264

to shelter the company's enormous earnings.

00:00:16.064 --> 00:00:18.726

According to Svenungsson's investigation,

00:00:18.809 --> 00:00:23.272

it was all a ploy to avoid paying their fair share of taxes in Sweden.

00:00:23.397 --> 00:00:26.233

IKEA is not a transparent company.

Duration

26 seconds

Views

26

Timestamp in Movie

00:18:40

Uploaded

Jun 17, 2025

Season

1

Episode

3

Genres

Production

Zero Point Zero

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Movie Summary

Influencer hype and marketing create conditions where counterfeit makeup thrives, teens become addicted to vaping, disposable furniture kills, and corporations use of single use plastics are the stories told in this 4 part series.