Korea, Rep of Tax News

South Korea Looking to Negotiate Amending Protocol to Tax Treaty with Sri Lanka
Jan 12, 2022
South Korea Planning to Expand R&D Incentives for Green Technology
Jan 10, 2022
Kazakhstan Publishes Synthesized Text of Tax Treaty with Serbia, Singapore, South Korea, Slovak Republic, UAE, and UK as Impacted by BEPS MLI
Jan 04, 2022
SSA between South Korea and Vietnam Signed
Dec 16, 2021
Austrian Parliament Approves Pending Protocols to Tax Treaties with South Korea and the UAE
Dec 09, 2021
Regional Comprehensive Economic Partnership Agreement Entering into Force for South Korea
Dec 09, 2021
Protocol to Tax Treaty between South Korea and Tajikistan Signed
Dec 03, 2021
Tax Treaty between South Korea and Taiwan Signed
Dec 02, 2021
Austrian National Council Approves Pending Protocols to Tax Treaties with South Korea and the UAE
Nov 29, 2021
OECD Welcomes G20 Leaders' Joint Declaration Including Call for Implementing Two-Pillar Solution for Global Tax Reform Effective 2023
Nov 03, 2021
SSA between South Korea and Uruguay has Entered into Force
Nov 03, 2021
Aruba Negotiating TIEAs with Belize, India, Portugal, South Korea, and Ukraine
Nov 01, 2021
Revised Tax Treaty between South Korea and Turkey Signed
Oct 26, 2021
G20 Finance Ministers Endorse Final Political Agreement on OECD Two-Pillar Solution for International Tax Reform
Oct 15, 2021
UK Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Oct 04, 2021
IMF Issues Paper on Digitalization and Taxation in Asia
Sep 16, 2021
France Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Sep 14, 2021
Finland Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Sep 09, 2021
Synthesized Texts of Indonesia's Tax Treaties with 21 Countries as Impacted by the BEPS MLI
Sep 01, 2021
Argentina Senate Approves Pending SSA with South Korea
Aug 26, 2021
Update - South Korea 2021 Tax Revision Bill Includes Measures to Promote New Industries and Support Recovery
Aug 11, 2021
South Korea 2021 Tax Revision Bill Includes Measures to Promote New Industries and Support Recovery
Jul 28, 2021
Egypt Publishes Synthesized Texts of Tax Treaties with 26 Countries as Impacted by the BEPS MLI
Jul 20, 2021
Update - Protocol to Tax Treaty between Austria and South Korea
Jul 15, 2021
Korean Supreme Court Decision on Treatment of Collective Investment Vehicles under Tax Treaty with Luxembourg
Jul 13, 2021
G20 Finance Ministers Achieve Agreement on OECD Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy
Jul 12, 2021
Uruguay Ratifies Pending SSA with South Korea
Jul 01, 2021
Tax Treaty between Egypt and South Korea to be Revised
Jun 22, 2021
Protocol to Tax Treaty between Austria and South Korea Signed
Jun 16, 2021
South Korea Planning to Introduce Tax Incentives and Other Support for Semiconductor Industry
May 27, 2021
South Korea Reduces Refund Interest Rate
May 13, 2021
G20 Finance Ministers OECD Tax Report and Meeting Communiqué Published
Apr 09, 2021
Russia Clarifies Treaty Benefits for Interest Income Paid to Recipient That is Not the Beneficial Owner Including MLI Impact
Mar 22, 2021
SSA between Egypt and South Korea Under Negotiation
Mar 19, 2021
German Tax Treaty and Negotiations Status
Feb 24, 2021
Tax Treaty between Cambodia and South Korea has Entered into Force
Feb 01, 2021
South Korea Publishes Overview of MLI Impact on 38 Tax Treaties
Jan 28, 2021
South Korea 2021 Tax Amendments
Jan 26, 2021
India Income Tax Appellate Tribunal Issues decision on Foreign Tax Credits Under Tax Treaties with Germany, Japan, South Korea, and the United States
Jan 25, 2021
South Korea Approves Pending SSA with New Zealand, Norway, and the Philippines
Jan 22, 2021
Protocol to Tax Treaty between South Korea and Vietnam has Entered into Force
Jan 21, 2021
Slovenia Publishes Synthesized Texts of Tax Treaties with Russia and South Korea as Impacted by the BEPS MLI
Jan 20, 2021
Lithuania Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Jan 15, 2021
Ireland Publishes Synthesized Texts of Tax Treaties with New Zealand, Norway, the Slovak Republic, and South Korea
Jan 04, 2021
Serbia Publishes Synthesized Text of Tax Treaties with Indonesia and South Korea as Impacted by BEPS MLI
Dec 23, 2020
Iraq and South Korea Looking to Conclude Tax Treaty as Soon as Possible
Dec 18, 2020
Luxembourg Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Dec 16, 2020
Rwanda and South Korea Conclude Tax Treaty Negotiations
Dec 07, 2020
Indonesia Confirms Completion of Internal Procedures for the Entry into Effect of BEPS MLI for 22 Covered Agreements
Dec 01, 2020
Russia Confirms Completion of Internal Procedures for the Entry into Effect of BEPS MLI for 7 Covered Agreements
Dec 01, 2020
South Korea Cancels Plan to Lower Threshold for Capital Gains Tax on Stocks in 2021
Nov 06, 2020
Poland Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Nov 06, 2020
Protocol to Tax Treaty between South Korea and Switzerland has Entered into Force
Oct 30, 2020
Cambodia Approves Pending Tax Treaty with South Korea
Oct 28, 2020
South Korea Publishes Updated Guidance on MAP
Oct 26, 2020
OECD Releases Stage 2 Peer Review Reports on Dispute Resolution for the Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore, and Spain
Oct 23, 2020
Australia Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Oct 23, 2020
Protocol to Tax Treaty between South Korea and Uzbekistan has Entered into Force
Oct 21, 2020
G20 Finance Ministers Communiqué Published Following Virtual Meeting
Oct 15, 2020
Update - Tax Treaty between Cambodia and South Korea
Oct 12, 2020
Tax Justice Network Africa and Katiba Institute Seek Overturn of 10 Kenyan Tax Treaties
Sep 28, 2020
Uzbekistan Ratifies Pending Protocol to Tax Treaty with South Korea
Sep 22, 2020
Update - Protocol to Tax Treaty between South Korea and Vietnam
Sep 21, 2020
Slovak Republic Publishes Notices on Impact of BEPS MLI on Tax Treaties with the Czech Republic and South Korea
Sep 04, 2020
OECD Publishes Exchange of Information Compliance Ratings for Nine Jurisdictions
Sep 03, 2020
BEPS MLI has Entered into Force for the Czech Republic and South Korea
Sep 01, 2020
South Korea's National Tax Service Launches Investigations into Multinational Companies for Suspected Tax Evasion
Aug 31, 2020
South Korea Tax Law Proposals on Loss Carryforward, Securities Capital Gains Taxation, FTC Carryforward, and Others
Jul 29, 2020
G20 Finance Ministers Communiqué Published Following Virtual Meeting
Jul 20, 2020
Japan Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI
Jul 14, 2020
Switzerland Ratifies Pending Protocols to Tax Treaties with Eight Countries
Jul 06, 2020
South Korea to Implement Changes in the Taxation of Securities Transactions
Jun 29, 2020
South Korea Planning to Impose Tax on Cryptocurrency Transactions
Jun 23, 2020
South Korea Planning Tax Increases for Companies Owning Residential Rental Property
Jun 19, 2020
Swiss Council of States Approves Pending Protocols to Tax Treaties with Eight Countries
Jun 08, 2020
Cambodia Approves Pending Tax Treaties with Malaysia and South Korea
May 29, 2020
The Czech Republic and South Korea Deposits Ratification Instruments for BEPS MLI
May 14, 2020
Update - South Korea Tax Amendments for 2020 Including Substance Over Form Rules, Transfer Pricing Rules, and MAP
Apr 17, 2020
South Korea COVID-19 Measures Include Tax Reduction for Most Impacted Areas, Possible Filing and Payment Extensions, and Others
Apr 03, 2020
Swiss National Council Approves Pending Protocols to Tax Treaties with Iran, Ireland, South Korea, the Netherlands, New Zealand, Norway, Sweden, and Ukraine
Mar 16, 2020
New Tax Treaty between South Korea and the UAE to Enter into Force
Feb 27, 2020
G20 Finance Ministers Communiqué Published Following Riyadh Meeting
Feb 26, 2020
Protocol to Tax Treaty between South Korea and Turkmenistan has Entered into Force
Feb 06, 2020
South Korea's National Assembly Approves Tax Amendments for 2020 Including Transfer Pricing and Income Treatment Changes
Jan 10, 2020
New Tax Treaty between Singapore and South Korea has Entered into Force
Jan 02, 2020
Tax Treaty between the Czech Republic and South Korea has Entered into Force
Dec 26, 2019
The Czech Republic Ratifies Pending Tax Treaty with South Korea
Dec 18, 2019
South Korea Approves BEPS MLI
Dec 17, 2019
South Korea Approves Pending Tax Treaty with Singapore and Protocols to Tax Treaties with Switzerland, Turkmenistan, the UAE, and Uzbekistan
Dec 16, 2019
Protocol to Tax Treaty between South Korea and Vietnam Signed
Dec 05, 2019
Tax Treaty between Cambodia and South Korea Signed
Dec 02, 2019
SSA between the Philippines and South Korea Signed
Nov 27, 2019
SSA between Croatia and South Korea has Entered into Force
Nov 01, 2019
SSA between New Zealand and South Korea Signed
Oct 31, 2019
G20 Welcomes Progress on Addressing the Tax Challenges Arising from Digitalization of the Economy
Oct 21, 2019
Uruguay Government Approves Pending SSA with South Korea
Oct 16, 2019
SSA between Slovenia and South Korea has Entered into Force
Oct 08, 2019
Swiss Federal Council Approves Pending Protocols to Tax Treaties with Ireland and South Korea
Sep 24, 2019
Norway Negotiating Tax Treaties with Brazil, Ghana, South Korea, and Spain
Sep 04, 2019
South Korea Provides Relief Measures for SMEs Amid Japan Trade Restrictions
Aug 07, 2019
Overview of South Korea's 2019 Tax Revision Bill Published
Jul 29, 2019
OECD Publishes Revenue Statistics in Asian and Pacific Economies
Jul 26, 2019
SSA between Luxembourg and South Korea to Enter into Force
Jul 19, 2019
SSA between South Korea and Uruguay Signed
Jul 12, 2019
Iraq and South Korea Conclude Tax Treaty Negotiations
Jul 02, 2019
South Korea Planning to Expand Incentives to Support Services Sector
Jun 28, 2019
SSA between Norway and South Korea Signed
Jun 24, 2019
Slovenian Approves Pending SSA with South Korea
Jun 17, 2019
UAE Cabinet Approves Pending Protocol to Tax Treaty with South Korea
Jun 14, 2019
Turkmenistan Approves Pending Protocol to Tax Treaty with South Korea
Jun 12, 2019
G20 Finance Ministers Communiqué Published Following Fukuoka Meeting
Jun 11, 2019
Luxembourg Ratifies Pending SSA with South Korea
Jun 06, 2019
Protocol to Tax Treaty between South Korea and Switzerland Signed
May 21, 2019
New Tax Treaty between Singapore and South Korea Signed
May 15, 2019
Protocol to Tax Treaty between South Korea and Uzbekistan Signed
Apr 23, 2019
Protocol to Tax Treaty between South Korea and Turkmenistan Signed
Apr 19, 2019
South Korea Sets Implementation Date for Stock Transaction Tax Rate Cut
Apr 17, 2019
South Korea Cutting Stock Transaction Tax Rates
Mar 25, 2019
Tax Treaty between Cambodia and South Korea under Negotiation
Mar 18, 2019
Protocol to Tax Treaty between South Korea and the UAE Signed
Mar 01, 2019
SSA between Ivory Coast and South Korea under Negotiation
Feb 07, 2019
Hong Kong CbC Exchange with Japan, Netherlands, New Zealand, and South Korea
Jan 28, 2019
South Korea 2019 Tax Reform Laws Published
Jan 09, 2019
SSA between Peru and South Korea to Enter into Force
Dec 31, 2018
SSA between Croatia and South Korea Signed
Dec 19, 2018
G20 Declaration Published following Leader's Summit in Buenos Aires
Dec 03, 2018
SSA between Argentina and South Korea Signed
Nov 30, 2018
TIEA between Costa Rica and South Korea has Entered into Force
Nov 27, 2018
Austria to Negotiate Amending Protocols to Tax Treaties with Italy, Qatar, and South Korea
Nov 20, 2018
Costa Rica Ratifies TIEA with South Korea
Nov 14, 2018
Tax Treaty between France and South Korea to be Revised
Oct 26, 2018
South Korea Approves Pending SSAs with Luxembourg, Peru, and Slovenia
Oct 24, 2018
Tax Treaty between Ivory Coast and South Korea under Negotiations
Oct 17, 2018
SSA between Japan and South Korea to be Revised
Sep 18, 2018
Luxembourg Cabinet Approves Pending SSA with South Korea
Sep 13, 2018
Protocol to Tax Treaty between Belarus and South Korea to be Negotiated
Sep 12, 2018
OECD Releases Seven New Transfer Pricing Country Profiles
Sep 11, 2018
World Customs Organization Publishes Updated Guide to Customs Valuation and Transfer Pricing
Sep 11, 2018
Kazakhstan and South Korea to sign MOU on Tax Information Exchange
Aug 27, 2018
Update – Tax Treaty between the Czech Republic and South Korea
Aug 22, 2018
G20 Research Group Finds G20 Members Have Fully Complied with their BEPS Commitments
Aug 10, 2018
Overview of South Korea 2018 Tax Revision Bill Published
Aug 06, 2018
G20 Finance Ministers Communiqué Published following Buenos Aires Meeting
Jul 25, 2018
Tax Treaty between Singapore and South Korea to be Revised
Jul 16, 2018
Peru Approves Pending SSA With South Korea
May 21, 2018
Chile Issues Circular on Activation of Interest and Royalties MFN Clauses by Tax Treaty with Japan
Apr 25, 2018
South Korea National Tax Service Issues Notice on Changes in Arm's Length Price Determination and APA Procedures
Apr 10, 2018
G20 Finance Ministers Communiqué Published following Buenos Aires Meeting
Mar 22, 2018
OECD Releases Third Batch of MAP Peer Review Results
Mar 13, 2018
SSA between Luxembourg and South Korea Signed
Mar 07, 2018
Spain Negotiating Revisions to SSAs with Canada and South Korea
Mar 01, 2018
South Korea Looking to Negotiate Tax Treaty with Cambodia
Feb 26, 2018
SSA between Slovenia and South Korea Signed
Feb 22, 2018
Protocol to Tax Treaty between Brazil and South Korea has Entered into Force
Feb 09, 2018
Korean Government Suspends Reduced Exemption Threshold for Gains on Listed Shares
Feb 08, 2018
South Korea begins Taxation of Cryptocurrency
Feb 02, 2018
Korean Government Addresses Concerns on Reduced Exemption Threshold for Gains on Listed Shares
Jan 24, 2018
Tax Treaty between the Czech Republic and South Korea Signed
Jan 17, 2018
Update - South Korea Tax Reform Measures for 2018
Jan 10, 2018
South Korea and Vietnam Continue SSA and Tax Treaty Protocol Negotiations
Jan 08, 2018
U.S. IRS Publishes Competent Authority Arrangement with South Korea Clarifying Fiscal Domicile
Dec 11, 2017
South Korea Tax Reform Measures Passed
Dec 08, 2017
TIEA between South Korea and Vanuatu has Entered into Force
Dec 07, 2017
Brazil Chamber of Deputies Approves Pending Protocol to Tax Treaty with South Korea
Dec 06, 2017
South Korea and Uruguay to Negotiate SSA
Dec 04, 2017
Tax Treaty between Ethiopia and South Korea has Entered into Force
Nov 30, 2017
Azerbaijan Looking to Sign SSA with South Korea
Nov 10, 2017
Tax Treaty between Moldova and South Korea under Negotiation
Nov 09, 2017
Pakistan Approves Negotiations to Amend Tax Treaties with Canada, Qatar, and South Korea
Oct 06, 2017
Tax Treaty between South Korea and Taiwan under Negotiation
Sep 21, 2017
Iraq to Sign Tax Treaty with South Korea
Aug 31, 2017
South Korea to Negotiate Tax Treaty with Tanzania
Aug 08, 2017
South Korea Plans to Increase Taxes on Large Companies and High-Income Individuals and Introduce Hybrid Mismatch and Interest Restrictions Measures
Aug 04, 2017
SSA between Quebec and South Korea to Enter into Force
Aug 04, 2017
Russia to Remove the British Virgin Islands and South Korea from List of Jurisdictions without Adequate Information Exchange for CFC Profit Exemption Purposes
Jul 24, 2017
G20 Leaders' Declaration Published following Hamburg Summit
Jul 10, 2017
US Publishes CbC Exchange Arrangement with South Korea
Jul 06, 2017
U.S. Signs CbC Exchange Arrangements with Denmark, Guernsey, Ireland, Latvia, and the Slovak Republic, and South Korea
Jun 23, 2017
SSA between Croatia and South Korea to be Negotiated
Jun 21, 2017
OECD Invites Comments for Third Batch of MAP Peer Reviews
Jun 12, 2017
Signing Ceremony Held for BEPS Multilateral Instrument
Jun 08, 2017
SSA between South Korea and Vietnam under Negotiation
Apr 19, 2017
Tax Treaty between Kenya and South Korea has Entered into Force
Apr 10, 2017
TIEA between Mauritius and South Korea to Enter into Force
Apr 04, 2017
South Korea Notice on CbC Reporting and Notification Obligations and Deadlines
Mar 27, 2017
G20 Finance Ministers Communiqué Published
Mar 22, 2017
SSA between Peru and South Korea Signed
Mar 06, 2017
Singapore Agreements for Exchange of Financial Account Information Enter into Force with Australia, Korea, Italy, Canada and Latvia
Mar 01, 2017
SSA between Chile and South Korea to Enter into Force
Jan 31, 2017
Swiss Agreements for Automatic Exchange of Financial Account Information in Force with Nine Jurisdictions and the EU
Jan 27, 2017
Hong Kong and South Korea Sign Agreement for Automatic Exchange of Financial Account Information
Jan 26, 2017
Taiwan to Negotiate Tax Treaty with South Korea
Jan 11, 2017
TIEA between Samoa and South Korea in Force
Jan 10, 2017
Korea Draft Decree on CbC Reporting and other Matters
Jan 05, 2017
TIEA between Andorra and South Korea has Entered into Force
Dec 28, 2016
Guernsey's TIEAs with Montserrat and South Korea have Entered into Force
Dec 21, 2016
SSA between Finland and South Korea to Enter into Force
Dec 15, 2016
South Korea's TIEA with the British Virgin Islands and Jersey in Force
Dec 14, 2016
Iraq to Negotiate Tax Treaty with South Korea
Dec 09, 2016
Korean National Assembly Approves Tax Reform Legislation Including CbC Reporting from 2016
Dec 07, 2016
Tax Treaty between South Korea and Turkmenistan has Entered into Force
Dec 07, 2016
Update - Tax Treaty between Ethiopia and South Korea
Dec 07, 2016
Tax Treaty between Georgia and South Korea has Entered into Force
Dec 05, 2016
Tax Treaty between Serbia and South Korea has Entered into Force
Nov 25, 2016
Tax Treaty between Brunei and South Korea has Entered into Force
Oct 26, 2016
Finland Ratifies SSA with South Korea
Oct 24, 2016
Singapore Signs Agreements for Automatic Exchange of Financial Account Information with Japan and South Korea
Oct 17, 2016
South Korea and Trinidad and Tobago to Negotiate Tax Treaty
Oct 17, 2016
TIEA between Costa Rica and South Korea Signed
Oct 14, 2016
Tax Treaty between South Korea and Tajikistan has Entered into Force
Oct 12, 2016
Tax Treaty between India and South Korea has Entered into Force
Oct 11, 2016
Tax Treaty between Hong Kong and South Korea has Entered into Force
Sep 30, 2016
Protocol to Tax Treaty between Poland and South Korea to Enter into Force
Sep 29, 2016
Korea Ratifies Pending Tax Treaties with Multiple Countries
Sep 28, 2016
Update - Tax Treaty between South Korea and Turkmenistan
Sep 26, 2016
G20 Leaders Summit Communiqué and OECD Report Published
Sep 07, 2016
World Bank Publishes Global Corruption Survey Data in Relation to Taxation, Licensing and Other Areas of Doing Business
Aug 22, 2016
Mauritius Intends to Negotiate Tax Treaty with South Korea
Aug 22, 2016
TIEA between Mauritius and South Korea Signed
Aug 15, 2016
Update - Tax Treaty between Georgia and South Korea
Aug 05, 2016
South Korea Issues 2016 Tax Law Amendments Bill including CbC Reporting
Aug 01, 2016
Madagascar and South Korea to Negotiate Tax Treaty
Jul 29, 2016
G20 Finance Ministers Issue Communiqué following Chengdu Meeting
Jul 27, 2016
Swiss Federal Council Adopts Dispatch on Automatic Exchange of Tax Information with Eight States and Territories
Jul 08, 2016
82 Countries Committed to Implementation of Four Minimum Standards of OECD BEPS Project under Inclusive Framework
Jul 05, 2016
Multilateral Agreement for the Exchange of CbC Reports Signed by Argentina, Curacao, Georgia, South Korea, and Uruguay
Jul 01, 2016
SSA Negotiations between Luxembourg and South Korea Concluded
Jun 28, 2016
SSA between Chile and South Korea Signed
Jun 20, 2016
Costa Rica Negotiating TIEAs with Bermuda, Panama, South Korea and the U.A.E. and Protocol to TIEA with the U.S.
Jun 03, 2016
Tax Treaty between Ethiopia and South Korea Signed
Jun 01, 2016
Negotiations for SSA between Peru and South Korea Concluded
May 23, 2016
OECD Forum on Tax Administration Agrees on Common Transmission System for CbC and CRS Information
May 18, 2016
Tax Treaty between the Czech Republic and South Korea under Negotiation
May 11, 2016
South Korea Announces Planned Incentives for Industrial Restructuring with a Focus on R&D
May 03, 2016
Five EU Countries Announce Plans to Develop Multilateral System for Automatic Exchange of Beneficial Ownership Info and G20 Listens
Apr 18, 2016
Tax Treaty between Georgia and South Korea Signed
Apr 05, 2016
Korea Expected to Introduce CbC Reporting in 2017
Apr 04, 2016
Korea Issues Final Master file and Local file Requirements and Templates
Apr 01, 2016
Tax Treaty between Georgia and South Korea to be Signed
Mar 30, 2016
Update - New Tax Treaty between India and South Korea
Mar 28, 2016
Mauritius Publishes Update on Tax Treaty/TIEA Negotiations Status
Mar 15, 2016
Update - Tax Treaty between Nigeria and South Korea Not Effective
Mar 04, 2016
New Tax Treaty between South Korea and Turkey Initialed
Feb 29, 2016
TIEA between Macau and South Korea under Negotiation
Feb 26, 2016
Update - Tax Treaty between Serbia and South Korea
Feb 24, 2016
Switzerland Signs Joint Declaration on Automatic Exchange of Information with South Korea
Feb 22, 2016
Tax Treaty between Serbia and South Korea Signed
Jan 26, 2016
Tax Treaty between Gabon and South Korea has Entered into Force
Jan 13, 2016
Protocol to the Tax Treaty between Belgium and South Korea has Entered into Force
Jan 13, 2016
Korea's Proposed Master File and Local File Regulations
Jan 05, 2016
Korea Enacts Legislation for 2016 Tax Reform including New Transfer Pricing Reporting Requirements
Dec 17, 2015
India and Korea Sign MoU Agreeing to Suspend Tax Collection during MAP
Dec 16, 2015
SSA between Quebec and South Korea Signed
Dec 02, 2015
Tax Treaty between Ghana and South Korea under Negotiation
Dec 02, 2015
OECD Holds Inaugural Meeting for the BEPS Multilateral Instrument
Nov 12, 2015
SSA between Brazil and South Korea to Enter Into Force
Oct 20, 2015
Update - Tax Treaty between Kenya and South Korea
Oct 07, 2015
OECD Publishes Final BEPS Package
Oct 06, 2015
TIEA between Guernsey and South Korea Signed
Oct 05, 2015
SSA between Slovenia and South Korea Signed
Sep 18, 2015
SSA between Finland and South Korea Signed
Sep 11, 2015
Korea Introduces Voluntary Disclosure Program for Foreign Assets
Sep 09, 2015
Korea to Limit Scope of VAT on E-Service Supplies from Foreign Suppliers
Sep 04, 2015
Korea's Proposed Transfer Pricing Reporting Requirements
Aug 20, 2015
Korea Publishes Overview of 2015 Tax Revision Bill
Aug 10, 2015
Guernsey Provides Update on Tax Treaty and TIEA Negotiations
Aug 06, 2015
Tax Treaty between Barbados and South Korea to be Negotiated
Jul 31, 2015
South Korea Considering Foreign Investment Tax Incentives
Jul 28, 2015
Tax Treaty between Ethiopia and South Korea to be Negotiated
Jul 28, 2015
TIEA between Jersey and South Korea Signed
Jul 24, 2015
Tax Treaty between Georgia and South Korea under Negotiation
Jul 13, 2015
Korea Begins VAT Registration of Foreign E-Service Suppliers
Jul 09, 2015
Colombia Rules on Application of Tax Treaty in regard to Net Worth Tax
Jul 06, 2015
TIEA between Korea and Samoa Signed
Jun 15, 2015
SSAs between South Korea and Sweden, Switzerland and Turkey have Entered into Force
Jun 03, 2015
OECD Announces that Work on the BEPS Multilateral Instrument is Underway
Jun 02, 2015
Korea Issues Guidance on APA Applications
May 21, 2015
Korea to Charge VAT on Foreign E-Services
May 20, 2015
New Tax Treaty between India and South Korea Signed
May 19, 2015
India Approves Revisions to the Tax Treaty with South Korea
May 07, 2015
Protocol to the Tax Treaty between Brazil and South Korea Signed
Apr 29, 2015
Tax Treaty between South Korea and Turkmenistan Signed
Apr 16, 2015
New Zealand Announces Tax Treaty and Protocol Negotiation Plans
Apr 09, 2015
Tax Treaty between Nigeria and South Korea (Amended)
Apr 01, 2015
Protocol to the Tax Treaty between Italy and South Korea has Entered into Force
Mar 18, 2015
Uruguay Seeking SSA with South Korea
Feb 26, 2015
New SSA between China and South Korea has Entered into Force
Feb 19, 2015
TIEA between Bermuda and South Korea has Entered into Force
Feb 18, 2015
South Korea Issues 2014 Revision to Tax Enforcement Decree
Dec 30, 2014
TIEA between the British Virgin Islands and South Korea Signed
Dec 11, 2014
Tax Treaty between Brunei and South Korea Signed
Dec 11, 2014
South Korean Court Rules Income from Patents Not Registered in Korea are Not Considered Korea Source Income Under Tax Treaty with the U.S.
Dec 05, 2014
SSA between Finland and South Korea under Negotiation
Dec 01, 2014
Turkey Ratifies SSA With South Korea
Nov 05, 2014
Multilateral Agreement on Information Exchange Signed by 51 Jurisdictions
Oct 30, 2014
TIEA between Andorra and South Korea Signed
Oct 27, 2014
FTA between Canada and South Korea Signed
Sep 25, 2014
Sweden Ratifies SSA with South Korea
Sep 18, 2014
South Korea and Vietnam Negotiating Revisions to Tax Treaty
Aug 27, 2014
South Korea Considering VAT on Financial Services
Aug 20, 2014
Mauritius Provides Update on TIEAs Pending Signature
Aug 20, 2014
Update - Korea's Proposed Tax on Excessive Retained Earnings
Aug 19, 2014
Korea's 2014 Tax Revision Bill Announced
Aug 14, 2014
Korean Government has Announced a Proposed Retained Earnings Tax and Business Incentives
Aug 01, 2014
Tax Treaty between South Korea and Colombia has Entered into Force
Aug 01, 2014
South Korean Supreme Court Issues Decision on Beneficial Ownership for Tax Treaty Benefit Purposes
Jul 15, 2014
South Korea and Turkmenistan Agree to Sign Tax Treaty
Jul 14, 2014
Tax Treaty between South Korea and Kenya Signed
Jul 09, 2014
Tax Treaty between South Korea and Hong Kong Signed
Jul 09, 2014
Italy Approves Protocol to Tax Treaty with South Korea
Jun 10, 2014
Protocol to Tax Treaty between Poland and South Korea Ratified by Poland
May 16, 2014
Colombia Ratifies Tax Treaty with South Korea
May 07, 2014
Tax Treaty between Peru and South Korea Enters Into Force
Mar 17, 2014
Treaty between Korea (Rep.) and Peru enters into force
Mar 14, 2014
Treaty between India and Korea (Rep.) – Indian decision that profits cannot be arbitrarily attributed to a PE in India
Jan 01, 2014
Protocol to treaty between Poland and Korea (Rep.) – details
Dec 31, 2013
Treaty between Ecuador and Korea (Rep.) enters into force
Dec 25, 2013
Tax Revision Bill 2013 – approved
Dec 02, 2013
Protocol to treaty between Korea (Rep.) and Poland signed
Dec 02, 2013
Protocol and exchange of letters to treaty between Korea (Rep.) and Luxembourg enters into force
Dec 02, 2013
Protocol to treaty between Korea (Rep.) and Singapore enters into force
Jul 29, 2013
Treaty between Korea (Rep.) and Uruguay enters into force
Jul 29, 2013
Protocol to treaty between Luxembourg and Korea (Rep.) – details
Jun 27, 2013
Decision that marketing expenses incurred on behalf of associated enterprise to be determined at an arm's length price
Jun 24, 2013
Treaty between Bahrain and Korea (Rep.) enters into force
Jun 24, 2013
Tax Revision Bill enacted
May 06, 2013
Treaty between Korea (Rep.) and Belgium – Korean decision on application of Korean domestic anti-abuse provisions to tax treaties
Feb 10, 2013
Treaty between Ecuador and Korea (Rep.) signed
Dec 02, 2012
New procedure for claiming reduced withholding tax under tax treaties
Oct 14, 2012
Protocol to treaty between Switzerland and Korea (Rep.) enters into force
Sep 03, 2012
Treaty between Korea (Rep.) and Peru signed
Jul 29, 2012
Treaty between Korea (Rep.) and Panama enters into force
Jun 03, 2012
Treaty between Korea (Rep.) and Panama enters into force
Jun 03, 2012
Tax Revision Bill enacted
Mar 04, 2012
Treaty between Korea (Rep.) and Iran enters into force
Mar 30, 2011
Protocol to treaty between Korea (Rep.) and Kuwait enters into force
Mar 30, 2011
Protocol to treaty between Switzerland and Korea (Rep.) signed and details
Feb 28, 2011
Treaty between Estonia and Korea (Rep.) enters into force
Aug 23, 2010
Treaty between Iceland and Korea (Rep.) – details
May 25, 2010
Tax law changes for 2010 – direct tax
Mar 05, 2010
Tax law changes for 2010 – direct tax
Feb 19, 2010
Treaty between Korea (Rep.) and Qatar enters into force
Jan 20, 2010
Treaty between Latvia and Korea (Rep.) will enter into force
Jan 20, 2010
Treaty between Korea (Rep.) and Algeria enters into force
Jun 07, 2009
Treaty between Korea (Rep.) and Saudi Arabia enters into force
Jun 07, 2009
Treaty between Korea (Rep.) and Saudi Arabia – details
Jun 07, 2009
Withholding tax rate reduced to 22%
Mar 16, 2009
Treaty between Iceland and Korea (Rep.) enters into force
Feb 22, 2009
Treaty between Latvia and Korea (Rep.) ratified
Feb 22, 2009
2008 tax reform proposals – further details
Jan 23, 2009
Proposed reductions to tax rates/base
Nov 04, 2008
Proposed reductions to tax rates/base
Oct 07, 2008
Indian decision that income of South Korean entity from offshore supply of equipment not taxable in India
Oct 07, 2008
OECD released 2008 Model Tax Convention
Oct 07, 2008
Discussion draft on New Art. 7 of OECD Model – details
Aug 30, 2008
OECD Council approves 2008 Model Tax Convention
Aug 11, 2008
Comments on draft contents of 2008 update to Model Tax Convention published
Jul 27, 2008
Consolidated taxation system proposed
Jul 27, 2008
Treaty between Iceland and Korea (Rep.) signed
Jun 21, 2008
Protocol to treaty between Kuwait and Korea (Rep.) signed
Jun 21, 2008
Draft of 2008 Model Tax Convention – Proposed changes to Commentary to Art. 12 (definition of royalties)
Jun 21, 2008
Treaty between Korea (Rep.) and Venezuela enters into force
Apr 15, 2008
New administration to reduce corporate tax rates
Mar 16, 2008
Treaty between Korea (Rep.) and Thailand – details
Mar 16, 2008
Treaty between Thailand and Korea (Rep.) signed and in force
Mar 16, 2008
OECD released discussion draft on transactional profit methods
Feb 08, 2008
Treaty between India and Korea (Rep.) – Indian decision on taxability of offshore portion of composite contract
Feb 08, 2008
APA between China and Korea (Rep.) signed
Dec 03, 2007
Introduction of simplified tax regime
Nov 04, 2007
Tax law changes for 2008
Nov 04, 2007
Corporate tax cut period for large-scale foreign invested companies extended
Oct 01, 2007
OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments
Sep 02, 2007
Discussion draft on application and interpretation of non-discrimination article of OECD Model – details
Jun 18, 2007
Revised Commentary on Article 7 of OECD Model released
May 28, 2007
Treaty between Korea (Rep.) and Saudi Arabia signed
May 28, 2007
Tax law changes for 2007
Mar 24, 2007
Corporate tax breaks
Mar 24, 2007
Final Report on Improving the Resolution of Tax Treaty Disputes
Mar 24, 2007
Report on Attribution of Profits to PEs released
Feb 24, 2007
Treaty between Canada and Korea (Rep.) enters into force
Feb 24, 2007
Treaty between Korea (Rep.) and Nigeria signed
Dec 17, 2006
Proposed changes to commercial and tax laws
Nov 12, 2006
Treaty between Korea (Rep.) and Canada signed
Oct 14, 2006
Treaty between Korea (Rep.) and Malaysia – pre-approval application procedures for benefits finalized
Oct 14, 2006
Treaty between Venezuela and Korea (Rep.) signed
Sep 12, 2006
List of low tax jurisdiction to be published
Jul 11, 2006
Indian decision on applicability of non-discrimination article in India-Korea (Rep.) tax treaty
Jun 14, 2006
Second protocol to treaty between China and South Korea signed
May 14, 2006
Philippine ruling that guarantee fees are not interest under Philippines-Korea (Rep.) tax treaty
May 14, 2006
Treaty between Brazil and Korea clarified – MFN clauses
Apr 09, 2006
Expected changes – 2006
Feb 19, 2006
Following a reduction in withholding tax rates in the 2001 protocol to the Australia-US tax treaty, Australia is required under the most-favoured-nation clause in its existing treaty with Korea (Rep.) to renegotiate the 1982 Australia-Korea (Rep.) treaty.
Feb 19, 2006
The first-time income and capital tax treaty between the Czech Republic and Korea (Dem. People's Rep.), signed on 2 March 2005, entered into force on 7 December 2005. The treaty generally applies from 1 January 2006.
Jan 01, 2006
Tax Court of Canada applies tie-breaker rules in CanadaKorea (Rep.) tax treaty to determine residence status
Oct 16, 2005
On 8 July 2005, Korea (Rep.) and Thailand initialled a revision to the Korea-Thailand income tax treaty of 26 August 1974. Further details are not yet available.
Aug 03, 2005
The first-time tax treaty between Korea (Rep.) and the United Arab Emirates, signed on 22 September 2003, entered into force on 2 March 2005. The treaty generally applies retroactively from 1 January 2003.
Apr 27, 2005
The first-time tax treaty between Korea (Rep.) and the United Arab Emirates, signed on 22 September 2003, entered into force on 2 March 2005. The treaty generally applies retroactively from 1 January 2003.
Apr 18, 2005