Tim Hortons

Burger King will buy Canadian coffee-and-donut chain Tim Hortons and use a corporate inversion to shift BK's HQ -- and its tax base -- to Canada. The tax implications are many and complex, but without the inversion, Tim Hortons' stores would have a higher combined tax rate, writes Matt Levine. "[T]his seems like a pretty reasonable inversion, as inversions go," he argues.

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