The tax information exchange agreement between South Korea and Vanuatu entered into force on 8 June 2017. The agreement, signed 14 March 2012, is the first of its kind between the two countries. It applies for criminal tax matters on the date of its entry into force and for other matters in respect of taxable periods beginning on or after that date, or where there is no taxable period, all charges to tax arising on or after that date.