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Ikea Stands Accused Of Avoiding Billions In Taxes

Ikea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes between 2009 and 2014, according to a report by the Green party in the European Parliament. The political group is accusing the retailer of "large scale tax avoidance." The European Commission, the top E.U. regulator, said it would study the report.

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