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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (145356)8/27/2014 5:58:57 PM
From: pcstel  Read Replies (3) | Respond to of 149319
 
<There is no comparison between the US and France. The US needs to tax the rich more; France less.<

You're only fooling yourself...

Say Goodbye to Burger King....

"The companies are looking to create a new publicly traded company headquartered in Canada. With a new base in Canada, Burger King, now based in Miami, could shave its U.S. tax bill.
So-called tax inversions have become increasingly popular among U.S. companies trying to cut costs. In an inversion, a U.S. company reorganizes in a country with a lower tax rate by acquiring or merging with a company there.

Inversions allow companies to transfer money earned outside the U.S. to the parent company without paying additional U.S. taxes. That money can be used to reinvest in the business or to fund dividends and stock buybacks, among other things."

Billions of dollars in tax money just went up in smoke. Canada Thanks Us.

PCSTEL