100 McDonald's closed in Venezuela

Venezuelan tax body shuts down some McDonald's, alleging financial irregularities The move affects 115 branches of McDonald's in Venezuela for two days Head of tax body says alleged irregularities related to taxes Company that manages McDonald's says it's complying with order (CNN) -- 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. Venezuelan President Hugo Chavez's government has ordered 115 McDonald's closed until Saturday. 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... [read full story]