DT8304 - Greece: double taxation agreement, Article 5: Shipping and air transport

(1) Notwithstanding the provisions of Articles 3 and 4, profits which a resident of the United Kingdom derives from operating ships whose port of registry is in the United Kingdom, or from operating aircraft, shall be exempt from Greek tax.

(2) Notwithstanding the provisions of Articles 3 and 4, profits which a resident of Greece derives from operating ships whose port of registry is in Greece, or from operating aircraft, shall be exempt from United Kingdom tax.