Venezuela’s New Oil Tax Takes Effect
April 17th, 2008Venezuela began taking a bigger cut of foreign oil companies’ windfall profits, as a higher tax on those earnings went into effect. Under …
venezuela oil windfall tax chevron total
FACTBOX - Governments boost share of oil, gas income
July 5th, 2006… by high oil prices, South American countries are leading the way, but are not alone, … nine percent in 2004 and a record 11 percent in 2003. VENEZUELA Venezuelan President Hugo Chavez has rattled oil markets with … April that forces companies to turn over a bigger share of windfall oil profits to South America’s fifth largest oil producer. Quito on …
