Pillar Two

In FY25, Inter IKEA Group entered the first year of implementation of the OECD Pillar Two legislation. This initiative, adopted by many countries worldwide, introduced a global minimum tax rate of 15% for multinational enterprises. As a result, Inter IKEA Group is now subject to this minimum rate in every jurisdiction where it operates.

However, the impact of the implementation of Pillar Two on our overall tax position has been limited as Inter IKEA Group already pays tax rates above 15% in most of the countries where it conducts business. Want to know more about our effective tax rate and the impact of Pillar Two? Visit our ETR webpage for more information.