saveamerica Loc: Texas

This is why companies leave America for other countries when the Tax rate is so high, it's so high no one wants to match us.

If you own a business, which would you rather pay? 15% or 40% tax rate?? That is the cheapest and the highest except for Denmark. The only reason I showed Denmark is because of the Democrats will make a issues with it. Denmark tax rate is 59% but, that is why they are not a industrialize country.

15% tax at $100,000,000.00 is $15,000,000.00 in taxes a year.

40% tax at $100,000,000.00 is $40,000,000.00 in taxes a year.

As a business owner you have to stop and think of the saving your business can have plus, you have a better return on your money and more Profit after tax. Matter of fact, you would have an extra $25,000,000.00 in Profit, as a business owner that number would drive you crazy, because you are leaving money on the table.

In business it is all about Profit, without it, you will go Out Of Business.

So, let's look at Burger King.

They had a total sales of $63,000,000,000.00 in 2013 and a profit of 25%.

Profit before taxes is: $15,750,000,000.00

40% tax is $6,300,000,000.00 that they paid the U.S. government.

Now at 25% tax is: $3,937,000,000.00

By moving to Canada, Burger King would save $2,363,000,000.00 in taxes a year.

So who wouldn't move???

Loki Loc: Georgia

Ironic, the Canadian Government are supposed to be the tax and spend Socialists.

Dummy Boy Loc: Michigan

....well, and eventually they will have to pay their "workers" $15/hour.

Augustus Greatorex Loc: NE

Burger King is not leaving America. After its merger with Tim Hortons of Canada, its new corporate HQ will be in Miami, FL.

But it is leaving New York, NY, its current corporate HQ. The move to Canada is specifically to deal with international laws and taxes involved in that merger. Upon completion of the merger their HQ will relocate to Miami, FL. Primarily because of tax savings considering NY's aggressive taxation.

saveamerica Loc: Texas

Two years ago Canada change their tax code to bring in more businesses from around the world and it has been working. Canada, is starting to have a small boom in business and they have reduce there real unemployment. Canada is improving and America economy is still going down. When Obama and the Democrats raised all the taxes in American companies started leaving as well as a lot of American citizens.

Do you know in America, we have a all time high rate of people leaving America? Never in America history have we had so many leaving.

saveamerica Loc: Texas

Maybe, we could send them a couple of million Illegal Mexicans to keep there wages low like America.

If America would send the Illegal's home, Americans wages would go up.

Loki Loc: Georgia

What a shame none of them are wetbacks.

CDM Loc: Florida

No, you got that all wrong...

THEY won't pay their workers $15/hour. WE will pay their workers $15/hour...

CDM Loc: Florida

Here' s a link to the L.A. Times article on the subject. It's consistent with all of the big reporting agencies.

http://www.latimes.com/business/la-fi-burger-king-tim-hortons-canada-tax-inversion-20140826-story.html

Note in the article one of the BK executive state that this is not a tax move. Very political statement I think. Total revenues and incomes of the new entity will be 2/3's foreign (Canada and Europe mostly). Tax rates in those 'offshore' locations will apply to those profits.

BK is acquiring Horton's and will move the corporate headquarters function for the resulting, new corporation to Canada. BK's world HQ is already in Miami and will stay there for U.S. operations.

Ya gotta love that term 'tax inversion', eh?

Augustus Greatorex Loc: NE

You got that wrong: 2/3 (66%) Canadian revenues, 20% other nations, and a mere 13% American revenues.

That's 86% (possibly 87%) foreign revenues.

If 66% of your revenues were from Canada would you headquarter in the US?

jrsyshore

Does anyone realy give 2 $hits weather or not burger king stays or leaves? Good by don't let the dooe hit you in the ass on the way outa town

Dummy Boy Loc: Michigan

I'm with you...also provides the means to give the Republicans something to stand on. Most of the conglomerate is in British hands even today.

CDM Loc: Florida

I stand corrected. Thanks.

Generally speaking with an 87/13 percentage ratio I would not be sitting on the beach in Miami, figuratively speaking of course.

I think this is not the last of the 'tax inversions' we will see in the near future.

ilovethedead

Fuck You Money Grubbing Corporations and all of you're fucking money!!! If you truly consider yourselves Americans and want to see America prosper.PAY YOUR FUCKING TAXES!!! Like you can't afford them you penny pinching low wage paying PIGS!!! Fuck YOU!! go ahead and leave America. You are the criminals! You should be hanged for treason!!! I will never spend another dime at Burger King or should no other self respecting person who LOVES America and pays their fair share of taxes!!!

ghostgotcha Loc: The Florida swamps

I do hope you do not expect to find many posters here who agree with either your stupidity or bucket mouth.

You know. Something tells me Burger King and all the other fast food chains in the U.S. will be better off with you picking through the dumpsters behind their business, instead of standing at the counter, driving off their paying customers.

You should not let their door hit your rump as you exit in a Sissy-fit.