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Revised Tax Treaty between South Korea and Turkey Signed — Orbitax Tax News & Alerts

On 22 October 2021, South Korea's Ministry of Foreign Affairs announced the signing of a completely revised income tax treaty with Turkey during an official visit by Turkey's foreign minister. The treaty will enter into force after the ratification instruments are exchanged and, once in force and effective, will replace the 1983 income tax treaty between the two countries. Details of the revised treaty will be published once available.