Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Double Taxation Relief Manual

From
HM Revenue & Customs
Updated
, see all updates

Venezuela: Shipping and air transport

The profits derived by a United Kingdom resident from the operation of ships or aircraft in international traffic are usually taxable only in the United Kingdom. There is an exception however for profits derived by a United Kingdom resident from the operation of ships used to transport hydrocarbons to or from ports in Venezuela, such profits may be taxed in Venezuela (Article 8(4)).