OrbitaxProtocol to Tax Treaty between South Korea and Switzerland Signed
|Treaty Development|Korea, Rep of-Switzerland
On 17 May 2019, officials from South Korea and Switzerland signed an amending protocol to the 1980 income tax treaty between the two countries. The protocol makes the following changes:
- Replaces the preamble in line with BEPS standards;
- Amends Article 24 (Mutual Agreement Procedure) to provides that person may present a MAP case to the competent authority of either Contracting States, instead …
