Monday, August 25, 2014

Burger King used for acquisition tax head office away from USA – z24

Burger King used for acquisition tax head office away from USA – z24

 Following dozens of other American companies is also Burger King for a move of the headquarters from the United States. The fast food chain wants the Canadian coffee chain Tim Hortons take over. As part of the deal will also be the headquarters of Burger King to move to Canada to come out. below the tax in the United States In a joint statement, the companies confirm that they are in talks over a merger. 3G Capital, the majority of the shares of Burger King in his possession, remains a major shareholder in the merged company. The rest of the shares remain held by the existing shareholders. continue the brand after the merger separately exist.

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Following dozens of other American companies is also Burger King for a move of the headquarters from the United States

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The fast food chain wants Canadian coffee chain Tim Hortons take over. As part of the deal is also the headquarters of Burger King to move to Canada to come out. Under the tax laws in the United States

In a joint statement the companies confirm that they are in talks about a merger. 3G Capital, the majority of the shares of Burger King in his possession, remains a major shareholder in the merged company. The rest of the shares remain held by the existing shareholders. The marks remain after the merger separately exist.



American companies depart from tax

It is not the first time that an American company US fled as under the tax laws of to arrive. Research by the American Congress shows that have fled. Between 1983 and 2003, 29 companies due to tax benefits Between 2004 and 2013, this number has grown substantially to 47 companies.

According to the American legislation, companies that move their headquarters abroad to do more than address access.

For example, a merger with a foreign firm is a necessary condition. Next, it should be clear that at least a quarter of sales outside the United States is achieved, or the owners of the foreign partner to a fifth of the merged company receive at least possess.

A recent example of a deal that was driven by lower taxes is the relocation of the headquarters of the maker of medical equipment Medtronic to Ireland, following the acquisition of fellow Covidien

Source:. ANP / Z24

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