Tim's + BK = $ for Canada right? Wrong! (in one table)

Macdonald, David
Date Written:  2014-08-25
Publisher:  Behind the Numbers
Year Published:  2014
Resource Type:  Article
Cx Number:  CX16711

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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