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Federal Prosecutors in Brazil Open Investigation Into McDonald’s and its Master Franchisee Arcos Dorados Holdings

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Federal Prosecutors in Brazil Open Investigation Into McDonald’s and its Master

On Thursday, Marcos José Gomes Correa, a federal prosecutor opened a criminal investigation looking into "fiscal and economic crimes" which McDonald's and Arcos Dorados Holdings, its Latin American master franchise owner might have been engaged in. The prosecutor says that, they along with some related entities may have failed to fulfill Brazil's tax and other laws. There might have been additional violations of the country's franchise laws too.

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