BK looking to buy Tim Horton so they can move to Canada.
I know we posted something else about this topic here somewhere, but I couldn't find it.
Can you blame these companies? The U.S. government has constantly shown that instead of fixing the programs that waste taxpayer money, they will instead just increase tax bills. If you're a company that can get out of it, why wouldn't you?
Although, I don't understand how ex-patriots are taxed to hell, but these corporations can escape? Apparently nobody saw this coming and closed the loopholes.
I expect that eventually the government will create a very harsh penalty for companies that leave the U.S., and new taxes on those outside the U.S. who do business here.
Tax Inversions
I expect that eventually the government will create a very harsh penalty for companies that leave the U.S., and new taxes on those outside the U.S. who do business here.
That'll encourage biz.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Point being, the U.S. government isn't exactly helping our economy with the way they spend or make money.
As for the ex-pats, I remember watching a news program or reading a long article about them getting fucked over by the tax laws that apply to them.
As for the ex-pats, I remember watching a news program or reading a long article about them getting fucked over by the tax laws that apply to them.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
But this is actually the brainchild of millennials. Burger King's management roster reads more like that of a Silicon Valley startup than old Wall Street suits and ties.
Its Chief Executive Officer, Daniel Schwartz, is only 33 years old.
He's not the only "whiz kid" at the company. Chief Financial Officer Joshua Kobza is only 28, and analysts on the company's quarterly earnings calls are greeted by Sami Siddiqui, Burger King's head of investor relations, who is 29.
The hell?
Article.
It's not me, it's someone else.
I've seen youth surges in other companies too.
The ones that immediately come to mind are This End Up and Chi-Chi's...
I'm not making a joke, just stating fact.
How these young kids get these positions I don't know, but if I was an investor, I think I'd be pissed.
The ones that immediately come to mind are This End Up and Chi-Chi's...
I'm not making a joke, just stating fact.
How these young kids get these positions I don't know, but if I was an investor, I think I'd be pissed.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Leisher wrote:How these young kids get these positions I don't know...
Mr. Schwartz has served as our Chief Executive Officer since June 2013. From April 2013 until June 2013, he served as our Chief Operating Officer and from January 1, 2011 until April 2013, he served as the Chief Financial Officer of Holdings and, upon the merger with Justice, the Company. Mr. Schwartz joined Holdings in October 2010 as Executive Vice President, Deputy Chief Finance Officer and was appointed as Executive Vice President and Chief Financial Officer in December 2010, effective January 1, 2011. Since January 2008, Mr. Schwartz has been a partner with 3G Capital, where he was responsible for managing 3G Capital's private equity business. He joined 3G Capital in January 2005 as an analyst and worked with the firm's public and private equity investments until October 2010. From March 2003 until January 2005, Mr. Schwartz worked for Altair Capital Management, a hedge fund located in Stamford, Connecticut and served as an analyst in the mergers and acquisitions group at Credit Suisse First Boston from June 2001 to March 2003. Mr. Schwartz is a director of 3G Capital and Carrols Restaurant Group, Inc., the Company's largest franchisee.
Bets:
1) Blackmail.
2) Born rich, made the correct moves, know the right people, buried bodies where no one found them.
3) Self-made rich. Had one good idea that he cashed in on, then it reads much like #2.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
