Burger King to merge with Canadian Tim Hortons
- Canada has a lower corporate tax rate than the US.
- Burger King is based in Miami, Florida.
- Tim Hortons is based in Canada.
- An “inversion” allows BK to technically be located in Canada.
- BK will enjoy lower taxes while still operating in the US.
- BK and Hortons will continue be a standalone brands.
- BK/Hortons will become the 3rd largest fast food chain.