Burger King will save millions in US taxes via 'inversion': report
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Washington
FAST food chain Burger King will avoid hundreds of millions of dollars in US taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnut chain Tim Hortons, a tax activist group said on Thursday.
In one of the most notable of several corporate tax "inversion" deals this year, Florida-based Burger King announced in late August that it would buy Tim Hortons and put the headquarters of the combined company in Canada.
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