Russian tax service demands $140 million from IKEA

The Swedish furniture-making giant exited Russia amid Western sanctions, but it still has assets in the country The Russian Federal Tax Service has filed a legal complaint with the Arbitration Court of Moscow Region against a local subsidiary of Swedish furniture manufacturer IKEA, the business daily Kommersant reported this week, citing court documents. According to the report, the tax authority is seeking 12.9 billion rubles ($142 million) from the subsidiary, Ikea Torg LLC. The case appeared in the database of arbitration cases on January 30, but no further details have been made public. While the Swedish furni

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Last updated : 04 February 2024 clock 09:48 AM

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