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Venezuela closes McDonald’s for tax violations

18 October 2008

Venezuela’s tax and customs enforcement office, SENIAT, forced a 48-hour closure of all 115 McDonald’s restaurants in the country on October 9 as a punishment for tax irregularities, according to an October 10 Venezuelanalysis.com article.

The McDonald’s restaurants, which are operated by three separate franchises in Venezuela, were allowed to open again on October 11.

Ninety-five of the restaurants are in the capital city of Caracas and the rest are distributed throughout other cities nation-wide.

Each franchise will be fined 25 tributary units, or US$535, for the infractions, according to SENIAT Superintendent Jose David Cabello Rondon.