That’s because the acquisition of the $11 billion Canadian donut chain means a move of Burger King’s corporate offices to Canada — saving the home of the Whopper from paying U.S. taxes.
“Yet another company plans to engage in a tax gimmick and dodge taxes by moving their business out of the country. This needs to come to an end,” DeLauro said in a statement Tuesday. “If Congress is unwilling to take action—which it has shown little appetite for—President Obama should act to stop companies from moving their mailbox overseas to avoid paying their fair share of U.S. taxes. … Continue Reading