Seventh time lucky?

摘要

According to its supporters, the union of Burger King with Tim Hortons, a Canadian restaurant chain, is all about world domination. The deal will create the world's third-largest fast-food chain, with $23 billion of sales, well-known brands and "significant growth potential". Nonsense, says the transaction's detractors-it's a tax dodge. Burger King is buying Hortons, but will shift its headquarters to Canada, which has a lower corporate tax rate than America, in a process known as a "inversion" (the firms admit this is the case but say the tax savings will be tiny).