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For some Americans, Socialist Canada might prove to be a better home afterall

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For some Americans, Socialist Canada might prove to be a better home afterall Empty For some Americans, Socialist Canada might prove to be a better home afterall

Post by confuzzled dude Fri Dec 12, 2014 6:23 pm

Canada should be a cozy new home for Burger King.

The fast food giant stands to save as much as $1.2 billion in taxes over the next three years by moving its headquarters from the United States to Canada, according to a new report by Americans for Tax Fairness, a tax watchdog often critical of corporate tax maneuvers.

The bulk of the savings will come from forgone capital gains taxes, which would amount to as much as $820 million between now and 2018 for the company's shareholders if Burger King were not to reincorporate. But Burger King also stands to save more than $100 million in federal taxes in 2013, according to the report.
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/11/burger-king-could-save-a-whopping-amount-of-money-by-moving-to-canada/?tid=hpModule_79c38dfc-8691-11e2-9d71-f0feafdd1394&hpid=z15

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Post by Hellsangel Fri Dec 12, 2014 6:43 pm

Absolutely, Comrade! Didn't you know America is the future Panem?
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