Tax Treaty Negotiations with the Republic of Korea

February 12, 2004

Negotiations for a revised income tax treaty between Canada and the Republic of Korea will commence the week of April 19, 2004, in Seoul.

The purpose of this bulletin is to ensure that persons whose interests are affected have an opportunity to inform the government of any particular issues of double taxation that might be resolved in a tax treaty. The government is particularly interested in learning of any difficulties encountered by Canadians under the tax system of Korea so that these issues might be taken into account in negotiations.

Persons wishing to offer comments concerning the negotiations may send their views to:

Department of Finance
17th Floor, East Tower
140 O'Connor Street
Ottawa, Canada
K1A 0G5
Fax: 613-992-4450

For further information contact:

Tax Legislation Division
Phone: 613-369-4016