Chevron Paid Five Times More Taxes Abroad Than at Home in 2023 ...Middle East

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Chevron Paid Five Times More Taxes Abroad Than at Home in 2023
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Chevron paid three times more in taxes in three African countries than it did at home, a Dodd-Frank Act disclosure has revealed. The supermajor paid some $6.25 billion in taxes and production sharing to Nigeria, Angola, and Equatorial Guinea last year, Bloomberg reported, citing the disclosure. At home, Chevron’s tax bill stood at $1.99 billion. The biggest single foreign beneficiary of Chevron tax money, however, was Australia’s revenue service thanks to the Wheatstone and Gorgon liquefied natural gas projects. The company’s…

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