October 18, 2008
Chavez Shuts Down McDonalds--Now it's Personal!!!
The Venezuelan government's tax body has closed more than 100 McDonald's restaurants in the South American country for two days because of alleged inconsistencies in the fast-food chain's financial books. The move, which began Thursday, affects some 115 branches of McDonald's. Jose David Cabello Rondon, the superintendent of the tax body, released a statement saying that the alleged irregularities were found in the company's purchasing and sale records and were related to taxes. The restaurants will remain closed until Saturday, the agency said. Alimentos Arcos Dorados, the company that manages McDonald's in Venezuela, said in a statement that it is abiding by the government's order. It said the order was related to "formal issues affecting purchasing and sales records." It added, "The company asserts its customary and thorough respect for and compliance with all Venezuelan laws, regulations and standards."
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My guess is that this is just another ploy by Chavez to garner media attention while at the same time tweaking the Americans. I worked for "Mickey D's" for five years, and know that they go WAY out of their way to abide by government regulations.
Gotta be tough on the Venezuelans who will be out two day's pay.
Gotta be tough on the Venezuelans who will be out two day's pay.
Posted by Andrew on October 18, 2008 10:40 AM.
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