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Y7MPr TIL that IKEA is a non-profit organization
byyN TIL that IKEA is a non-profit organization dedicated to “furthering the advancement of interior design.” This lets them pay a fraction of taxes they otherwise would. The owners make money by licensing the IKEA trademark to the non-profit side.
PpeV TIL Ikea is run as a non-profit to take advantage of significant tax breaks.