20 Mind-Blowing Facts You Didn't Know About Burger King

7. Burger King Wants To Be Canadian

In 2014, Burger King inked a $12.5 billion merger deal with coffee chain Tim Horton€™s and immediately ran into controversy as angry Canadians, fearful of seeing a national icon swallowed up by an American behemoth, began protesting against the fast food chain, which was already proposing layoffs. Under the deal, Miami-based Burger King will be owned by an unnamed Ontario-based parent company, allowing BK to transfer its headquarters out of the US in order to pay a lower tax rate. Unlike in the US, Canadian tax treaties allow companies to repatriate foreign profits from certain countries tax-free, thus offsetting the bill for future overseas expansion.
Contributor

Ian Watson is the author of 'Midnight Movie Madness', a 600+ page guide to "bad" movies from 'Reefer Madness' to 'Poultrygeist: Night of the Chicken Dead.'