IKEA Billionaire Moving Back to Sweden...and Taxes

July 4 (Bloomberg) -- They say there are two things you can't escape, death and taxes. And that holds true even for IKEA billionaire Ingvar Kamprad, who fled Sweden four decades ago to avoid paying out those high tax rates. That's because he's moving back! He lost his wife Margaretha a year and a half ago and he says now that moving back to Sweden gets him closer to family and friends, who are all paying taxes in Sweden. Angie Lau has more. (Source: Bloomberg)

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