The lower house of parliament approved the nation’s double taxation agreement on 4 June 2014. The DTA will enter in to force after both countries have completed their respective domestic requirements and ratification by both parties.
«
Canada confirming South Korean FTA Terms
Related Posts

Australia urges top privately owned wealthy groups to document processes to manage tax issues, risks
The Australian Taxation Office (ATO) has issued a statement urging privately owned and wealthy groups to document their processes for identifying and managing tax issues and risks on 7 February 2025. ATO’s ongoing engagement with groups in the
Read More
Australia updates form, instructions for thin capitalisation test choice
The Australian Taxation Office (ATO) has updated its form and instructions for taxpayers on 13 February 2025, allowing individuals to select either the group ratio test or the third-party debt test (thin capitalisation test choice) for a specific
Read More
Switzerland issues final VAT guidelines for e-commerce platforms
The Swiss Federal Tax Administration (FTA) issued final guidelines on 28 January 2025, concerning platform rules for goods. Under the new Article 20a of the VAT Act, platforms that enable transactions through electronic interfaces will be deemed
Read More
Australia: ATO publishes reportable tax position schedule for 2025
Companies are required to complete a reportable tax position schedule if their total business income is AUD 250 million or more, or AUD 25 million or more while part of an economic group with AUD 250 million or more in total income. This applies
Read More
Australia: Parliament passes tax incentives for hydrogen, critical minerals production
Australia’s House of Representatives has approved the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 on 11 February 2025. Earlier, the bill was passed by the Senate, meaning the legislation has passed both
Read More
Australia: Senate passes tax incentives for hydrogen, critical minerals production
Australia’s Senate has passed the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 with amendments, proposes refundable tax offsets for hydrogen and critical minerals production while empowering Indigenous Business
Read More