The double taxation treaty between United Kingdom and Venezuela entered into force on 31 December 1996. The text of the treaty was published as the Schedule to the Double Taxation Relief (Taxes on Income)(Venezuela) Order 1996 (Statutory Instrument 1996 No. 2599). The Order was approved by the parliament on 3 July 1996. The treaty takes effect in the United Kingdom on 1 April 1997 for corporation tax and 6 April 1997 for income tax and capital gains tax. In Venezuela, the treaty took effect on 1 January 1997.

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