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	5 Business Tips for McDonalds for Survival in Colombia
	... Now we are testing a new market, Colombia. Colombia is found on the continent of South America, with a population of 44,533,300. ... First, we must modify our product to fit the needs and the customs of Colombia. ... As known, coffee is the main drink in Colombia. ... If we don’t modify our product, we may lose our market segment in Colombia. ... In Colombia, corporations must pay a set tax rate of thirty percent. But if we venture into Colombia as a foreign enterprise, we only have to pay a twenty percent tax rate. Colombia has signed tax treaties providing double taxation with the United States, which would normally only require corporations to pay income tax in their country of domicile. Approximate Word count = 555 Approximate Pages = 2.2 (250 words per page double spaced)

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