Rwanda published Law No. 063/2023 in the Official Gazette on 12 December 2023, which provides for the ratification of the pending income tax treaty with South Korea. The treaty, signed 13 September 2023, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Korean income tax, corporation tax, special tax for rural development, and local income tax. It covers Rwandan personal income tax, corporate income tax, withholding taxes, capital gains tax, and tax on re…