Summary and Implication of the Amendment of Regulations Governing Application of Agreements for the Avoidance of Double Taxation with Respect to Taxes on Income

On August 12, 2021, the Ministry of Finance (the "MOF") announced the amendment to the Regulations Governing Application of Agreements for the Avoidance of Double Taxation with Respect to Taxes on Income (these "Regulations"), which has not been revised since the promulgation thereof in 2010. ... More