EU regulators to examine lawmakers' report on IKEA taxes

European Union state aid regulators will examine a report by a group of EU lawmakers accusing Swedish furniture retailer IKEA [IKEA.UL] of avoiding paying at least 1 billion euros ($1.1 billion) in taxes over a six-year period. IKEA has said it paid an effective corporate income tax rate of about 19 percent in 2015. The study commissioned by the Green party in the European Parliament said the world's biggest furniture retailer was able to do this by shifting royalty income through a Dutch compan