International treaty

South Korea: tax treaties

Tax treaties and related documents between the UK and South Korea.

• From: HM Revenue & Customs
• Published: 6 October 2006
• Last updated: 28 September 2021 — See all updates

Documents

1996 UK-South Korea Double Taxation Agreement — in force

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Synthesised text of the Multilateral Instrument and the 1996 UK-South Korea Double Taxation Convention — in force

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Details

1996 UK-South Korea Double Taxation Agreement — in force

The 1996 UK-South Korea Double Taxation Agreement entered into force on 30 December 1996.

It is effective in the UK from:

• 1 April 1997 for Corporation Tax
• 6 April 1997 for Income Tax and Capital Gains Tax

It is effective in South Korea from 1 January 1997.

Synthesised text of the Multilateral Instrument and the 1996 UK-South Korea Double Taxation Convention — in force

The 1996 UK-South Korea Double Taxation Convention has been modified by the Multilateral Instrument (MLI).

The modifications made by the MLI are effective in respect of the 1996 UK-South Korea Double Taxation Convention for both countries, for taxes withheld at source, from 1 January 2021.

It is effective in the UK from:

• 1 April 2021 for Corporation Tax
• 6 April 2021 for Income Tax and Capital Gains Tax

It is effective in South Korea for taxable periods beginning on or after 1 March 2021 for all other taxes levied by South Korea.

Published 6 October 2006

Last updated 28 September 2021 + show all updates

1. 28 September 2021

   The 'Synthesised text of the Multilateral Instrument and the 1996 UK-South Korea Double Taxation Convention - in force' has been added.

2. 6 October 2006

   First published.