Showing posts with label Burger King. Show all posts
Showing posts with label Burger King. Show all posts

Tuesday, September 19, 2017

Cops: Louisiana Couple Recorded Explicit Acts At Public Library, Walmart, Burger King

September 19, 2017 Burger King , Cops: Louisiana Couple Recorded Explicit Acts At Public Library 0 Comments


By The Smoking Gun, Sep. 18, 2017

A married couple is facing obscenity charges after they allegedly filmed themselves having sex in a Louisiana public library and then uploaded the video to their PornHub page, according to police.

Investigators last week received a “report of lewd activity that occurred within a public library” in Houma, a city about 55 miles southwest of New Orleans. The suspects, cops charge, “recorded themselves performing sexual activities on each other and uploaded them to a porn site.”

A subsequent probe identified the alleged library fornicators as Elizabeth Jernigan, 33, and her husband Rex, 35.

Read More: http://www.thesmokinggun.com

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Tuesday, August 26, 2014

Taxes, taxes, taxes

August 26, 2014 Burger King , Businesses Leaving California 2 Comments
Have Taxes Your Way: Why Burger King Wants To Become A Canadian Citizen

By Roberto A. Ferdman, Aug. 26, 2014, Washingtonpost.com

Yet another American company is aiming to move its headquarters out of the country.

International fast food behemoth Burger King Worldwide Inc. confirmed Tuesday that it will pay about $11 billion to buy Canadian chain Tim Hortons Inc., which sells coffee, donuts, and other breakfast food fare. The deal would merge America's second-largest burger chain, which is valued at nearly $10 billion, with the Canadian equivalent to Dunkin' Donuts, which is valued at more than $8 billion. It would also move the new company's headquarters to Canada, where corporate taxes are significantly lower.

The newly merged company would become the world's third-biggest "quick service restaurant company," with more than 18,000 restaurants in 100 countries, said Burger King and Hortons in a statement Monday. The deal would create a business capable of rivaling Yum Brands, which owns Taco Bell and Pizza Hut, and is valued at more than $30 billion. But while Yum Brands operates from Louisville, KY, the new Burger King and Tim Hortons parent company would likely station itself in the Ontario province of Canada.

On the surface, the reason for a headquarter shift across the country's northern border is simple: lower corporate taxes.

As we have have noted before, when a company reincorporates abroad, as the practice is known, what it's really doing is shifting its corporate citizenship; and when a company shifts its corporate citizenship, what it's really doing is trying to pay less in taxes. The nominal corporate tax rate in the U.S., which combines national, state, and city-level tax rates, is nearly 40 percent—the highest across all 34 Organization for Economic Cooperation and Development (OECD) member countries. Canada's, by comparison, is just over 26 percent.

Read the full story:  www.washingtonpost.com

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