The world’s third largest fast-food company
Tim Hortons has agreed to be bought by the company that owns Burger King. What is truly behind this striking movement? The first thing comes to my mind is an elaborate tax inversion,although they claimed that this is not a tax-driven deal. As we all know that Canada’s basic corporate tax rate is about 26%, while the U.S.’s is around 35%. Of course that’s not the only reason, what Burger King values the most is called international expansion. This movement helps them expand more branches, and increase diversity. At the…read more