Ingka Group Taxes

We are a purpose-led company driven by the IKEA vision to create a better everyday life for the many people. We steer our business towards this vision, and recognise how our tax payments contribute to creating long-term value for society.

We are committed to be a responsible tax payer. Ingka Group pays taxes in accordance with laws and regulations, wherever we are present as an IKEA retailer, with our Ingka Centres meeting places or in any other role. We have a strong commitment to manage our tax operations in a responsible way and to contribute to the societies where we operate.

We disclose the taxes we pay, including country by country tax reporting, in our annual tax report.

Ingka Group Tax Principles

Ingka Group’s approach to tax is anchored in the following Tax Principles.

Consistent with this approach, we are a signatory of the B Team Responsible Tax Principles.

• Tax is a core part of our corporate responsibility and governance and fully integrated in our governance structure
• We are fully committed to comply with relevant tax laws and regulations in all the jurisdictions in which we operate and where the value is created.
• We conduct intragroup transactions on an arm’s length basis and are fully committed to comply with obligations under transfer pricing rules in the jurisdictions where we operate, and under global transfer pricing principles.
• We recognize the importance of respecting both the letter and the spirit of the law and will always act accordingly.
• We will only use business structures and carry out transactions with a commercial or economic purpose. Whilst tax is considered in significant business decisions, we do not carry out operations where saving tax is the main benefit we expect.
• We do not have tax-initiated operations in tax havens.
• Where tax incentives are offered by government authorities, we ensure that, in case of use of such incentives, this is done in a transparent way and consistent with statutory and regulatory frameworks.
• We continuously develop and maintain cooperative long-term relationships with tax authorities, based on mutual respect, trust, transparency and, where possible, dialogues upfront.
• We are fully committed to be transparent about our approach to tax and the taxes we pay.