Is IKEA the World’s Largest Charity?

http://www.mentalfloss.com/blogs/archives/14675

by robg • 18 years ago

18 8 18 years ago

bmaier• 18 years ago

Charity, probably not. Incredibly complex tax reduction plan, sure.

TrevorJ• 18 years ago

I feel dissatisfied that the conclusion of this article doesn't answer the question of whether IKEA is on the up-and-up or if they are simply doing the whole Tax shelter thing. Now I really want to know.

fallentimes• 18 years ago

That's a brilliant tax shelter - good for them.

radu_floricica• 18 years ago

The key of the tax strategy is still how they manage to get to the money without it being considered profit or salary, and all the article says about it is it's a "convoluted multi-national system of ownership". Still an interesting read.

byrneseyeview• 18 years ago

This seems to be a summary with fluff and bad jokes. Here is the actual article:

http://www.economist.com/business/displaystory.cfm?story_id=...

Edit: apologies if I mispreresented mentalfloss.com. They did not add jokes -- they merely rephrased the same joke that kicks off the Economist article.

pg• 18 years ago

I agree with you. This seems to be a complete ripoff of the Economist article. http://news.ycombinator.com/edit?id=184934

I bet we'll see more of this sort of "paraplagiarism" on the web. You could get a lot of traffic by finding old Economist articles about comparatively evergreen topics and paraphrasing them in a more sensationalist way. The average reddit/digg upvoter would never know. Does Mentalfloss often do this?

wmf• 18 years ago

Most of the articles on mainstream tech news sites like CNet and the Register are already rephrased press releases or summaries of articles written by actual journalists. Why should we expect bloggers to behave any better?

For example, check out this article that doesn't even bother to hide the fact that it was completely copied from EE Times: http://www.fool.com/investing/general/2008/04/28/will-the-fe... Why not just link to the original? Oh yeah, pageviews.

cf. http://publishing2.com/2008/05/04/the-declining-value-of-red...

robg• 18 years ago

I'm in total agreement with you and pg. If they had linked to the original, I would have instead. Thanks for tracking it down.

Is IKEA the World’s Largest Charity?

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