Korea Ratifies Pending Tax Treaties with Multiple Countries

On 7 September 2016, the Korean National Assembly ratified the following pending tax treaties:

• The income tax treaty with Brunei, signed 9 December 2014;
• The income tax treaty with Hong Kong, signed 8 July 2014;
• The new income tax treaty with India, signed 18 May 2015 (will replace the 1985 tax treaty currently in force;
• The income tax treaty with Kenya, signed 8 July 2014;
• The income tax treaty with Tajikistan, signed 31 July 2013; and
• The income tax treaty with Turkmenistan, signed 13 Apri…