OrbitaxNew Tax Treaty between Singapore and South Korea has Entered into Force
|Treaty Development|Singapore-Korea, Rep of
The new income tax treaty between Singapore and South Korea entered into force on 31 December 2019. The treaty, signed 13 May 2019, replaces the 1979 tax treaty between the two countries.
Taxes Covered
The treaty covers Korean income tax, corporation tax, the special tax for rural development, and local income tax. It covers Singapore income tax.
Withholding Tax Rates
- Dividends - 10% if t…
