Burger King announced that it has reached a deal to buy Canadian doughnut chain Tim Hortons and base itself in Canada, a controversial transaction that raises questions about business taxes and corporate patriotism.
The deal is the latest example of a U.S. company buying a foreign company and moving its legal home to that of the company it is acquiring. Typically that move allows a company to pay corporate taxes at a lower rate, though Burger King officials insist that's not the case here.
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