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General discussion => Current events => Topic started by: NewsHound on September 23, 2014, 01:31 PM
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Burger King deal prompts crackdown on companies exiting U.S.
WASHINGTON – The White House administration is cracking down on American companies that seek to reincorporate overseas or in Canada to avoid paying U.S. taxes. In a so-called “tax inversion,” a U.S. business merges with or is acquired by a foreign company in a country with a lower tax rate. Analysts suggest it could be Burger...
Source: Burger King deal prompts crackdown on companies exiting U.S. (http://globalnews.ca/news/1576796/burger-king-deal-prompts-us-cracks-down-on-companies-exiting-u-s/)