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Friday, July 15, 2011

Is McDonald's a Restaurant or a Supermarket?

It's an abomination

Foodies may argue that the stuff you get from McDonald’s barely qualify as food, but we ask the question above because of the actions of the company itself.

You see, McDonald’s lawyers are arguing that the fast food chain should be classified as supermarkets rather than restaurants to avoid a huge tax bill:
In a legal battle that is likely to see dozens of other fast food chains in the world’s largest country following suit, McDonald’s successfully argued that it should be classified as a food retailer for tax purposes rather than as a restaurant since many of its products are pre-packaged and sold to customers in the style of a supermarket rather than a restaurant.
It is a decision that will allow McDonald’s in Russia to continue paying ten per cent tax on its profits rather than the eighteen per cent tax levied on restaurants.

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