The U.S. IRS has published the competent authority arrangement with South Korea regarding the application of certain provisions of Article 3 (Fiscal Domicile) of the 1976 U.S.-South Korea tax treaty, including the treatment of corporations and individuals as resident of a Contracting State. The arrangement was signed 7 March and 10 April by the U.S. and South Korea, respectively, and applies from the latter date of signature.