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Tim's + BK = $ for Canada right? Wrong! (in one table)
Macdonald, David http://behindthenumbers.ca/2014/08/25/tims-bk-for-canada-right-wrong-in-one-table/
Publisher: Behind the Numbers
Date Written: 25/08/2014
Year Published: 2014
Resource Type: Article
Big news today that Burger King, a US company, is planning to buy Tim Horton's, a Canadian one. This is another in a string of 'tax inversion' deals where US corporations move their corporate headquarters from the US to elsewhere to avoid US taxation. They don't actually change anything or move anyone outside of their accounting fairyland. Instead, they just check some different boxes on their income tax forms and 'poof' save millions in taxes.
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