non profit retail corporation
Posted: Wed Oct 15, 2014 7:56 amPolitical Crossfire Forums
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non profit retail corporation
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Posted: Wed Oct 15, 2014 7:56 amRe: non profit retail corporation
Posted: Wed Oct 15, 2014 6:39 pmRe: non profit retail corporation
Posted: Wed Oct 15, 2014 7:57 pm95% of the profit go to employees with the last name Komprad
Re: non profit retail corporation
Posted: Wed Oct 15, 2014 8:00 pmyeah its seems like a tax dodge more than anything.
Re: non profit retail corporation
Posted: Sun Nov 02, 2014 8:07 amIt's not a very good idea. Non-profit isn't a catch-all term for a good organization. Lots of non profits employee people and pay poor wages, etc....
Re: non profit retail corporation
Posted: Mon Dec 01, 2014 11:31 pmRe: non profit retail corporation
Posted: Tue Dec 02, 2014 9:52 amGuys (and Em), the term "non-profit" relates to the company itself. A non-profit company can easily pay its employees crappy wages and the CEO $17 bazillion per year. It doesn't mean that the CEO or other employees can't "profit". It just means that the company cannot carry profits from one year to the next.
Re: non profit retail corporation
Posted: Tue Dec 02, 2014 10:16 amRe: non profit retail corporation
Posted: Tue Dec 02, 2014 11:06 amRe: non profit retail corporation
Posted: Wed Dec 03, 2014 12:10 pmikea puts it in a foundation controlled by the Kamprad family, so it's a corrupt tax shelter but i guess its legal