Tim hortons and Burger King? what have been they doing 5 years ago?

Tim hortons and Burger King?

what have been they doing 5 years ago?

Expert Solution

Answer- In August 2014, Burger King merged With Tim Hortons. Burger King wants motivation to merge with Tim Hortons. So, there are many significant changes in Burger King. About this the following expplanation is as follows, US based fast food giant Burger King purchased Canadian fast food chain Tim Horton. The possible motivation for Burger King to merge with Tim Hortons was to change their tax residence and inverting to Canadian ownership to avoid US taxes. This significant change of Burger King shows not only the logical progression of action taken by profit motivated enterprises such as Burger King but also the adaptability of firms to continue avoid taxes despite attempts by regulators to manage the situation . If I am in a C level position a decision to invert to a foreign ownership may be good to gain opportunity to enter into a foreign market which can help to expand the business.

Rahul Sunny answered 1 year ago

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