Venezuela's government is increasing taxes and public service charges on the private sector to compensate for declining oil revenue after tighter U.S. sanctions, according to business leaders and ...

He had earlier instructed officials to increase tax revenue to $10.4 billion this year from $5.2 billion. Tax collections rose about 20% in the January-March 2025 quarter over the January-March ...

Government officials have told business leaders that tax revenue must reach $8 billion this year, one private sector source said, up from a $5.87 billion estimate in this year's budget.

(Reuters) -Venezuela's government is increasing taxes and public service charges on the private sector to compensate for declining oil revenue after tighter U.S. sanctions, according to business ...

The renewed restrictions mean companies must seek individual licenses from the U.S. to operate in Venezuela, slowing efforts to increase crude production and hitting government coffers ahead of ...

Venezuela Ramps Ups Taxes on Private Sector as Chevron Oil Exit Bites. By Reuters | June 2, 2025. ... About 60% of those surveyed plan little to no increase in production in the coming months.

Government officials have told business leaders that tax revenue must reach $8 billion this year, one private sector source said, up from a $5.87 billion estimate in this year's budget.

Venezuela ramps ups taxes on private sector as Chevron oil exit bites Open in App. Get ... About 60% of those surveyed plan little to no increase in production in the coming months.

Government officials have told business leaders that tax revenue must reach $8 billion this year, one private sector source said, up from a $5.87 billion estimate in this year’s budget.

(Reuters) -Venezuela's government is increasing taxes and public service charges on the private sector to compensate for declining oil revenue after tighter U.S. sanctions, according to business ...

Government officials have told business leaders that tax revenue must reach $8 billion this year, one private sector source said, up from a $5.87 billion estimate in this year's budget.