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How are pensions taxed under the United States-Venezuela tax treaty?

Under the United States-Venezuela tax treaty, private pensions are generally taxable only in the country of residence β€” meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across United States's 64 active treaty partners, and 0% across Venezuela's 1 active partners.

Network Comparison

United States

Rank 56 of 64 active treaties (lowest rate = #1)

Lower rates with: Turkey (0%), Trinidad and Tobago (0%), Ukraine (0%)

Higher rates with: Vietnam (0%), Canada (15%), Indonesia (15%)

Venezuela

Rank 1 of 1 active treaties (lowest rate = #1)

Sources

Data last reviewed: 2026-04-07

Important: Treaty rates require proper claim forms (e.g., IRS Form W-8BEN for U.S. treaties, HMRC DT-Individual for U.K. treaties, CRA Form NR301 for Canadian treaties) filed before payment. Limitation on Benefits (LOB) provisions may restrict eligibility. A 0% withholding rate does not mean no tax β€” the residence country may still tax the income. This is not tax advice.

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