--- description: Burger King could be about to lower its tax burden by acquiring a Canadian donut chain and reincorporating in Canada, according to reports. title: Burger King Could Be Turning Canadian image: https://static.time.com/v3/assets/bltea6093859af6183b/bltef76f2b3d79e6af9/6986a0bbf983e7463d04f5c0/453029414.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close * [Companies](/tag/companies/) ## Companies Update your preferences in [Account Settings](/account/preferences/) Close # Burger King Might Become a Canadian Company by [Alexis Hauk](/author/alexis-hauk/) ## Alexis Hauk Update your preferences in [Account Settings](/account/preferences/) Close Aug 25, 2014 2:33 AM CUT  SAN FRANCISCO, CA - AUGUST 01: A pedestrian walks by a Burger King restaurant on August 1, 2014 in San Francisco, California. Fast-food chain Burger King reported a 19 percent surge in second quarter net income with earnings of $75.1 million, or 21 cents per share, compared to $62.9 million, or 18 cents per share one year ago. (Photo by Justin Sullivan/Getty Images) SAN FRANCISCO, CA - AUGUST 01: A pedestrian walks by a Burger King restaurant on August 1, 2014 in San Francisco, California. Fast-food chain Burger King reported a 19 percent surge in second quarter net income with earnings of $75.1 million, or 21 cents per share, compared to $62.9 million, or 18 cents per share one year ago. (Photo by Justin Sullivan/Getty Images)Justin Sullivan—Getty Images by [Alexis Hauk](/author/alexis-hauk/) ## Alexis Hauk Update your preferences in [Account Settings](/account/preferences/) Close Aug 25, 2014 2:33 AM CUT Burger King may soon announce a whopper of a deal aimed at lowering its taxes by moving the 60-year-old company’s base outside the U.S., according to a new report. Citing unnamed sources, the Wall Street _Journal_ [reported Sunday](http://online.wsj.com/articles/burger-king-in-talks-to-buy-tim-hortons-1408924294 "undefined") that Burger King Worldwide Inc. was “in talks” to buy Canadian donut chain Tim Hortons. The move would allow the hamburger establishment to reincorporate in Canada. Though legal, the practice known as tax inversion has been criticized in some government circles as a loophole for mega-companies in the U.S. to avoid paying a fair share of taxes for income earned outside the country. Burger King [has](http://www.bk.com/en/us/company-info/news-press/detail/burger-king-restaurants-bring-back-chicken-fries-2907.html "undefined") 13,000 stores in 98 countries, making for a large chunk of international earnings. Just last month, President Obama had harsh [words](http://www.whitehouse.gov/the-press-office/2014/07/24/remarks-president-economy-los-angeles-ca "undefined") for this kind of maneuver. “These companies are cherry-picking the rules. And it damages the country’s finances,” he said. But it might not be taxes alone that sweeten the deal for Burger King, if the Hortons acquisition goes through. BK’s top competitor, McDonalds, has enjoyed success with its own cafe brand McCafe — and the Canadian coffee and donut perveyor could give a boost to the King’s appeal at breakfast time, WSJ reports. \[[_WSJ_](http://online.wsj.com/articles/burger-king-in-talks-to-buy-tim-hortons-1408924294 "undefined")\] ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3170198/burger-king-tim-hortons-tax-inversion/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3170198/burger-king-tim-hortons-tax-inversion/"},"headline":"Burger King Might Become a Canadian Company","datePublished":"2014-08-25T02:33:58.000Z","dateModified":"2026-02-21T09:49:41.250Z","description":"The burger behemoth could reincorporate in Canada, and thereby lower its tax liabilities, if it buys donut chain Tim Hortons","url":"https://time.com/3170198/burger-king-tim-hortons-tax-inversion/","keywords":["Companies","Food","Fast Food","Tax","Burger King"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltef76f2b3d79e6af9/6986a0bbf983e7463d04f5c0/453029414.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Alexis Hauk","jobTitle":null,"url":"https://time.com/author/alexis-hauk/"}],"articleSection":"World","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltef76f2b3d79e6af9/6986a0bbf983e7463d04f5c0/453029414.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Burger King","caption":"Burger King","creditText":"Justin Sullivan—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/companies/","name":"Companies"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3170198/burger-king-tim-hortons-tax-inversion/","name":"Burger King Might Become a Canadian Company"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Burger King Proud Whopper","description":"Burger King Proud Whopper","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/l8UqPNn0/poster.jpg?width=720","uploadDate":"2014-07-03T18:06:58.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/l8UqPNn0.m3u8","embedUrl":"https://time.com/3170198/burger-king-tim-hortons-tax-inversion/","duration":"PT1M54S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/3170198/burger-king-tim-hortons-tax-inversion/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```