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US says oil companies must pay local taxes, fees to Venezuelan government

The U.S. Treasury Department said on Wednesday that companies working in the Venezuelan oil business must pay local taxes, permits and fees to the government of Venezuela, while royalties and federal taxes must be paid into a fund managed by the United States.

WASHINGTON, Feb 18 (Reuters) – The U.S. Treasury Department said on Wednesday that companies working in the Venezuelan oil business must pay local taxes, permits and fees to the government of Venezuela, while royalties and federal taxes must be paid … [778 chars]

Source: Reuters | Published: 2026-02-18T18:45:50Z

Credit: Reuters

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