Venezuela ramps ups taxes on private sector as Chevron oil exit bites

By Yahoo! Finance   |   3 weeks ago
Venezuela ramps ups taxes on private sector as Chevron oil exit bites

The U.S. government grants Chevron a six-month license to boost oil output in Venezuela amidst tighter sanctions. Venezuela increases taxes and public service charges on the private sector to compensate for declining oil revenue. Business leaders and analysts predict these measures will further hinder struggling private enterprises.

Read More

Did you find this insightful?