Sentences with phrase «tax franchise system»
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The EC alleges that IKEA used an intercompany loan to offset tax, saying: «As a result of the interest payments, a significant part of Inter IKEA Systems» franchise profits after 2011 was shifted to its parent in Liechtenstein.»
These cost increases are only partially offset by cost - savings reforms in the state unemployment insurance and workers compensation system, and by tax reductions for manufacturers under the corporate franchise tax.
And increasingly totalitarian (more taxes, controls etc) over the last century or so, all implemented under a franchise system.