Venezuela Bills BP, Chevron $56.6 Million
From the Associated Press
Venezuela’s tax agency has billed the local subsidiaries of Chevron Corp. and BP a combined $56.6 million, saying the amount represented unpaid income tax for fiscal 2005.
Chevron was billed $19.4 million and has 15 days to refile its 2005 taxes as well as pay a fine of 10% of the sum it owes, the agency said.
The tax agency said BP owed $37.2 million for the same year.
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