Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Scuba

(53,475 posts)
Tue Aug 26, 2014, 01:48 PM Aug 2014

Burger King spokesman: "We are not moving to Canada to avoid US taxes ...

Burger King spokesman: "We are not moving to Canada to avoid US taxes. We're moving for the gun control and socialized medicine."


https://twitter.com/TeaPartyCat

Egypt and the United Arab Emirates launched airstrikes against Islamist militias in Libya. John McCain totally jealous.


5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Phlem

(6,323 posts)
1. "We are not moving to Canada to avoid US taxes. We're moving for the gun control and socialized...
Tue Aug 26, 2014, 01:53 PM
Aug 2014

The tax avoidance is just another added benefit.

FSogol

(45,488 posts)
2. "There is no -- I repeat, no -- cannibalism in the Royal Navy. And when I say none, I mean that
Tue Aug 26, 2014, 02:12 PM
Aug 2014

there is a certain amount." - Monty Python

FSogol

(45,488 posts)
5. BK is not moving to Canada. They are redoing paperwork to transfer tax burden
Tue Aug 26, 2014, 02:20 PM
Aug 2014

from the US to Canada. They made $8.86 million in N. America last year. This will reduce their tax burden by $62 million. It is a process called "tax inversion." Walgreens tried to do it earlier this summer, but boycott pressure on their Board of Directors caused them to change plans and stay in the US.

Latest Discussions»General Discussion»Burger King spokesman: &q...