By DANIEL HICKS — If you could relocate to another state, keep your high-paying job and avoid $1B in taxes, would you do it? Miami-based Burger King says yes.

A new report by the group Americans for Tax Fairness finds that the fast food chain and its major shareholders will save between $400 million to $1.2 billion in taxes between 2015 and 2018 after the company merges with Tim Hortons, a Canadian restaurant operator.

By moving north of the border, the report claims that the fast food giant may never have to pay U.S. taxes on $117 million in profits it held offshore at the end of 2013. Moreover, the burger giant may avoid an additional $275 million in U.S. taxes between 2015 and 2018 because under Canadian law it will no longer have to pay (even on a deferred basis) U.S. taxes on future worldwide profits.

On top of the company-wide savings, Burger King’s largest shareholders stand to avoid as much as $820 million in capital gains taxes, according to the report. Just this week, Tim Hortons shareholders approved the merger. Burger King’s shareholders are not required to vote on the deal because 3G Capital, which owns approximately 70 percent of the company, has already approved the transaction.

Another interesting tidbit from the report: As the top hamburger chain serving the U.S. military, Burger King could receive more than $150 million in royalties and marketing support from the armed forces over the next 15 years.

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