On 13 March 2025, South Korea's National Assembly approved the ratification of the pending protocol to the 2012 income and capital tax treaty with Kyrgyzstan. The protocol is the first to amend the treaty and includes the following changes: The preamble is replaced in line with BEPS standards; Article 26 (Mutual Agreement Procedure) is amended to provide that a person may present a MAP case to the competent authority of either Contracting State, instead of just the competent authority of the Contracting State of which the person is a resident; Article 27 (Exchange of Information) is amended with the addition...