BLOOMBERG Bloomberg Bottom Line August 25, 2014
With a firsthand account of the situation there. Olivia sterns details a multimillion dollar purchase. We begin with julie hyman and burger kings interest in tim horton. If the deal is made, burger king headquarters would move to canada. To account outside toronto, and this is one of the socalled tax inversions we have heard so much about recently, which would reduce the tax rate for burger king. If you look at the tax rates overall of u. S. Versus canada, in canada you are looking at 26. 5 and in the United States you are looking at a Corporate Tax rate of 40 . This could potentially represen...