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non profit retail corporation
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non profit retail corporation
by The Dharma Bum » Wed Oct 15, 2014 7:56 am
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Re: non profit retail corporation
by Stratego » Wed Oct 15, 2014 7:57 pm
95% of the profit go to employees with the last name Komprad
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If guns are not outlawed, the in-laws will have guns.
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Re: non profit retail corporation
by The Dharma Bum » Wed Oct 15, 2014 8:00 pm
yeah its seems like a tax dodge more than anything.
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Re: non profit retail corporation
by eric » Sun Nov 02, 2014 8:07 am
It'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....
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Re: non profit retail corporation
by Professor » Tue Dec 02, 2014 9:52 am
Guys (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.
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Re: non profit retail corporation
by The Dharma Bum » Wed Dec 03, 2014 12:10 pm
ikea puts it in a foundation controlled by the Kamprad family, so it's a corrupt tax shelter but i guess its legal
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