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Kenya deposits Multilateral Instrument with OECD

06 February 2025

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Tax Alerts, Information Reporting, Legis...

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Kenya

Kenya has ratified the Multilateral Convention to implement tax treaty-related measures to prevent Base Erosion and Profit Shifting, depositing the Multilateral Instrument (MLI) with the OECD.This development highlights Kenya's commitment to combat the misuse of tax treaties and address BEPS by multinational corporations.The MLI is set to take effect in Kenya on 1 May 2025. Executive summaryKenya ratified the Multilateral Convention to implement tax treaty-related measures to prevent Base Erosion and Profit Shifting (BEPS) and deposited the Multilateral Instrument (MLI) with the Organisation for Economic Co-operation and Development (OECD) on 8 January 2025.The MLI is a multilateral agreement reached by members...