The South Korean National Assembly approved the 2024 Tax Law Amendment Bill on 10 December 2024. The amendments will affect various tax regulations which include: Deferral of Crypto Gains Tax The bill introduces a two-year deferral on the

The National Assembly of Korea (Rep.) approved the ratification of the income tax treaty with Rwanda on 14 November 2024. The treaty was signed on 13 September 2023. It is the first of its kind between the two nations. It will become effective

Korea’s National Assembly has approved the free trade agreement (FTA) with the Philippines on 14 November 2024. Earlier, the Philippine Senate ratified the FTA with Korea (Rep.) on 23 September 2024. The  FTA was signed by both nations on 7

An amending protocol to the 2012 income and capital tax treaty between Kyrgyzstan and Korea (Rep.)  was signed on 3 December 2024. The announcement was made in a release from the President of Kyrgyzstan. Earlier, Kyrgyzstan’s Cabinet of

Kyrgyzstan's Cabinet of Ministers has authorised the Minister of Economy and Commerce to sign an amendment protocol to the 2012 income and capital tax treaty with Korea (Rep.) on 19 November 2024. This protocol represents the first amendment to

An update from the Hong Kong Inland Revenue Department reports that Hong Kong and Rwanda officials concluded the initial round of negotiations for an income tax treaty on 22 November 2024. The resulting treaty would be the first of its kind