Burger King to buy Tim Horton to cut tax expenses?

Started by Syt, August 25, 2014, 03:56:10 AM

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derspiess

Quote from: Josephus on August 26, 2014, 06:09:05 PM
Quote from: derspiess on August 26, 2014, 08:49:49 AM


Is that the actress, the Irish one?

No, but I wish she lived in Ireland.   That is Ms. Sandra Fluke, who didn't have $4 to buy whore pills but did find the $1,000 for the filing fee to run for Congress.
"If you can play a guitar and harmonica at the same time, like Bob Dylan or Neil Young, you're a genius. But make that extra bit of effort and strap some cymbals to your knees, suddenly people want to get the hell away from you."  --Rich Hall

Ed Anger

I wouldn't fuck her if you paid me a thousand. What an ugly woman.
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viper37

Quote from: alfred russel on August 26, 2014, 12:30:33 AM
Quote from: viper37 on August 25, 2014, 11:46:59 PM
Canadian corporate tax rates

Unlike US, there are no provinces with zero tax rates for corporations.  And IIRC, State tax is deductible from Federal tax?  And stock options are qualified as an expense under US tax laws?

State taxes are deductible. Some stock options qualify as a deduction, but in those cases the employee must pay taxes.

The biggest difference isn't that Canada has lower tax rates, but that Canada doesn't tax worldwide income.
Looking closer at the situation...

Florida has 0% Personal tax income.
Ontarian residents can get very reduced personal income tax on dividends, sometimes even 0%.

Fiscal conventions means Americans can be taxed in Canada or USA.

Doing it this way, Canadian & American shareholders benefit from a reduced corporate tax rate (about 7-8% less) and 0% personal income tax on their dividend revenues for most of the major shareholders.  Brilliant move.  More dividends, less taxes.
I don't do meditation.  I drink alcohol to relax, like normal people.

If Microsoft Excel decided to stop working overnight, the world would practically end.

viper37

Quote from: derspiess on August 26, 2014, 11:02:00 AM
Hopefully that wouldn't prevent Mayor McCheese from winning the upcoming mayoral election in Toronto and restoring some dignity to that office.
these guys are wise, since the new headoffice will be in Hamilton, IIRC.  No silly Ford to mess with them.
I don't do meditation.  I drink alcohol to relax, like normal people.

If Microsoft Excel decided to stop working overnight, the world would practically end.

Caliga

Quote from: Ed Anger on August 26, 2014, 06:59:53 PM
I wouldn't fuck her if you paid me a thousand. What an ugly woman.
It's kind of hard to tell from the pic but it looks like she may possibly have nice tits.
0 Ed Anger Disapproval Points

Ed Anger

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Caliga

0 Ed Anger Disapproval Points


Barrister

Posts here are my own private opinions.  I do not speak for my employer.

CountDeMoney

Quote from: Peter Wiggin on August 26, 2014, 06:12:04 PM
Quote from: Josephus on August 26, 2014, 06:10:08 PM
I think this "buy out" makes perfect sense. Now the worst burger place in the world can sell the worst coffee. Deal made in heaven.

You've clearly never had McDonald's burgers

Blaspheme

Siege

Quote from: Caliga on August 26, 2014, 08:13:18 PM
Quote from: Ed Anger on August 26, 2014, 08:09:45 PM
Who cares about tits?  :rolleyes:
Pistols at dawn.

Why would give monkeybutt the chance to shoot you by wild luck?
Choose knives.
He can't knife-fight.


"All men are created equal, then some become infantry."

"Those who beat their swords into plowshares will plow for those who don't."

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Eddie Teach

Choose knives, but then bring a gun. It's the Chicago way.
To sleep, perchance to dream. But in that sleep of death, what dreams may come?

Ed Anger

Quote from: Siege on August 26, 2014, 09:22:20 PM
Quote from: Caliga on August 26, 2014, 08:13:18 PM
Quote from: Ed Anger on August 26, 2014, 08:09:45 PM
Who cares about tits?  :rolleyes:
Pistols at dawn.

Why would give monkeybutt the chance to shoot you by wild luck?
Choose knives.
He can't knife-fight.

Don't take fighting tips from a Arab Cal.
Stay Alive...Let the Man Drive

Josephus

In n' out is really the name of a burger place, or is that, like, a joke?
Civis Romanus Sum<br /><br />"My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world." Jack Layton 1950-2011

Ed Anger

Quote from: Josephus on August 26, 2014, 09:47:41 PM
In n' out is really the name of a burger place, or is that, like, a joke?

Not a joke
Stay Alive...Let the Man Drive