Venezuela closes McDonald's for tax violations

Saturday, October 18, 2008 - 11:00

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.

From GLW issue 771

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In these days of growing media concentration, Green Left Weekly is a proudly independent voice committed to human and civil rights, global peace and environmental sustainability, democracy and equality. By printing the news and ideas the mainstream media won't, Green Left Weekly exposes the lies and distortions of the power brokers and helps us to better understand the world around us.

Green Left Weekly, launched in 1990 by progressive activists to present the views excluded by the big business media, is now Australia's leading source of local, national and international news, analysis, and discussion and debate to strengthen the anti-capitalist movements.