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South Korea Approves Pending Tax Treaty with Singapore and Protocols to Tax Treaties with Switzerland, Turkmenistan, the UAE, and Uzbekistan

16 December 2019

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Treaty Development

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Korea, Rep of-Singapore-Switzerland-Turkmenistan-Untd A Emirates-Uzbekistan

On 10 December 2019, South Korea's National Assembly approved for ratification: The new income tax treaty with Singapore, which was signed on 13 May 2019 and, once in force and effective, will replace the 1979 tax treaty between the two countries; The amending protocol to the 1980 income tax treaty with Switzerland, which was signed on 17 May 2019; The amending protocol to the 2015 tax treaty with Turkmenistan, which was signed on 17 April 2019; The amending protocol to the 2003 income tax treaty with the United Arab Emirates, which was signed on 27 February 2019; and The amending...