Chevron's Tax Payments in Venezuela Raise Sanctions Concerns

Reported about 20 hours ago

Chevron Corp. has filed tax returns amounting to around $300 million with the Venezuelan government, despite existing U.S. sanctions that prohibit such financial interactions with state-controlled entities. Documents reveal that Chevron's ventures in Venezuela filed significant tax obligations, raising concerns about the potential benefits to President Nicolás Maduro from the company's operations. The situation is expected to face heightened scrutiny amid political changes in the U.S., as critics argue that Chevron's activities appear to support and finance an oppressive regime.

Source: YAHOO

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