Protocol to the Tax Treaty between Belgium and South Korea has Entered into Force

The 2010 protocol to the income tax treaty between Belgium and South Korea entered into force on 1 December 2015. The protocol, signed 8 March 2010, is the second to amend the treaty. It replaces Article 25 (Exchange of Information), bringing it in line with the OECD standard for information exchange. It applies from 1 January 2016.