Venezuelan Oil Company Tax Proposal

Venezuelan Oil Company Tax Proposal (Taken Question)

Venezuelan Oil Company Tax Proposal Question: What does the United States think about the Venezuelan Government’s proposal to apply retroactive taxes to U.S. oil companies, for revenues they owed to that country, but allegedly failed to pay?

Answer: We have not seen the proposal, but as a general principle we would have serious concerns about any tax that is applied in a discriminatory manner against U.S. companies.

2005/504 Released on May 11, 2005 Taken Question Office of the Spokesman Washington, DC May 11, 2005 Question Taken at the May 11, 2005 Daily Press Briefing