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Venezuela tax agency closes fast food chain Arturo's temporarily

Economy  

Venezuela's Customs and Tax Administration Service (Seniat) shut by three days the 62 restaurants of Venezuelan fast food chain Arturo's, due to inconsistencies in the ledger of the company. 

The measure was preceded by the closure last week of 115 restaurants of fast food giant McDonald's, the largest in the world, for inconsistencies found in the sales and purchases records, DPA reported. 

Venezuela's tax agency said it ordered the closure for three days of the fast food chain Pollos Arturo's for not fulfilling their formal tax duties, specifically in purchase records. 


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Worsening chronic poverty in Venezuelan households

11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77

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