The Inland Revenue Board of Malaysia (IRBM) has published a competent authority agreement with South Korea that was concluded through an exchange of letters dated 2 July 2026 (South Korea) and 21 July 2026 (Malaysia). The agreement has been made in relation to paragraph 4 of Article 11 (Interest) of the 1982 income tax treaty between the two countries, which provides a withholding tax exemption on interest derived by the government of a contracting state from the other state. Paragraph 5 of …