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Transcripts For FBC The Willis Report 20140825

Gerri we begin tonight with an iconic american brand. You just heard about them, burger king, looking to head north for a whopper of a tax deal. Burger king in talks to buy tim horton, doughnut and coffee chain based in canada. The pending deal would create the worlds Third Largest fastfood company, all the while, burger king avoiding uncle sams hefty tax bill. Here to weigh in john fund of national review. Welcome to the show. You heard two previous anchors debating why burger king would do this why do you think burger king wants to move north . I think most important reason, tim horton is incredibly wellmanaged company. They have 4,000 stores. They are perfect compliment. They would be 18 billion giant in fastfood. Gerri theyre being accused doing what is called inversion. Let me read the definition of that. A u. S. Company that rye organizes in a company with a lower tax rate, by merging with a company there and allows money earned transferred to the Parent Company without paying u.

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