Venezuela shuts McDonald's restaurants in tax fight

October 09, 2008

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Venezuela's tax body has shut all branches of McDonald's in the South American nation for 48 hours as punishment for alleged tax irregularities, the government said on Thursday.

Thursday's announcement affects McDonald's 115 restaurants in Venezuela.

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McDonalds Corporation
McDonald's is the leading global foodservice retailer with more than 34,000 local restaurants serving nearly 69 million people in more than 118 countries each day.

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