Posted on 08/25/2014 12:39:26 PM PDT by Olog-hai
Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada.
Investors seemed to welcome the announcement by Burger King late Sunday that it was in talks to buy Canadian coffee-and-doughnut chain Tim Hortons and create the world’s third-largest fast-food restaurant company. The news pushed shares of both companies up more than 20 percent.
But customers were already voicing their discontent with the 60-year-old hamburger chain because of its plans to relocate its corporate headquarters from Miami to Canada in a deal that could lower its taxes. …
(Excerpt) Read more at hosted.ap.org ...
Take the Homo burger with them! I lost interest with this food chain since they created the gay burger.
The corporate headquarters of Burger King are in the USA.
Burger King Corporation
5505 Blue Lagoon Drive,
Miami, Florida 33126
The fact that the stock majority is held by a Brazilian entity do not make it “Brazilian.”
Thats the way corporation law works.The official head office location is reflected in the company’s inorporation documents, and that fact determines what tax laws and corporation laws apply to the corporation.
The surmise is that by purchasing Tim Hortons, a Canadian Corporation with its Head offices now in Canada, Burger King now has the option of changing its head office to a location in Canada..
The USA voted for Obama. Now thiose who voted fior the idiot have to watch the exodus of US companies to friendlier climes, to get away from Obama care and other legislative and regulatory extortion from the thug in chief.
You WILL remember that MacDonalds was given an Obama care waiver, Burger King was not.Thus the competative deck is stacked against Burger King. They have no choice but to move.
Welcome to Canada, Burger King!
http://usatoday30.usatoday.com/money/industries/health/2010-10-07-healthlaw07_ST_N.htm
This is a very interesting 'canary' in this coal mine.
Look for more corporations to flee the USSA in abject panic soon.
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