Burger King Becomes Canadian!
 

For our Canadian friends it looks like your beloved Tim Horton's is now associated with America's not beloved Burger King.

Burger King is buying Tim Horton's and moving it's HQ to Canada. Apparently a tax advantage in becoming a Canadian company rather than making Tim Horton's an American one.

Re: Burger King Becomes Canadian!
 

I've never heard of Tim Hortons. Is that a Canadian fast food place?

Walgreen's was going to move its HQ to Switzerland, but earlier this month changed its mind after a big campaign and backlash against them.

I don't blame any corporation for wanting to lessen tax rates and maximize profits.

Re: Burger King Becomes Canadian!
 

When we used to have a lot of Canadian posters on here they would rave about Tim Horton's coffee and I think maybe donuts. That is about the extent of my knowledge of it. I think it is a restaurant and without a doubt it would have to be better than Burger King.

Re: Burger King Becomes Canadian!
 

Man the economy is in the pooper. Look at all those minimum wage jobs we just lost. Seriously though our govt needs to encourage companies to move here. Not leave.

Re: Burger King Becomes Canadian!
 

Keep in mind Burger King locations are not physically moving! We will still have all of those minimum wage jobs. It just means the corporate profits will be taxed by Canada and not our Federal Government.

You are correct that we need companies moving here not leaving. We clearly need to have our taxes and laws structured to reward companies for being based in the USA. Those who move to avoid taxes should be penalized enough that it doesn't make it worthwhile to do so and our corporate taxes should be fair and reasonable.

Re: Burger King Becomes Canadian!
 

Remember when VP Biden said paying taxes is patriotic? Whats wrong with Burger King!

Re: Burger King Becomes Canadian!
 

The US taxes Burger King at about 35% corporate rate and Canada's rate is about 15%, What makes the US govt mad is now with the move, Burger King won't have to bring their worldwide profits back into the USA, but will leave them in Canada. Good business by Burger King and lousy business by our Democratic controlled congress.

http://dealbook.nytimes.com/2014/08/...ype=blogs&_r=0

Re: Burger King Becomes Canadian!
 

This is the same thing on a international level that Texas governor Rick Perry has done to other states by proselyting companies to Texas with "business friendly environment".

Re: Burger King Becomes Canadian!
 

No Tim Horton's within 50 miles of the Phoenix metro. :(

Re: Burger King Becomes Canadian!