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East African Business Council Urges Ratification of Pending East African Community Tax Treaty — Orbitax Tax News & Alerts

During a recent meeting of the East African Business Council, members of the East African Community (EAC) were urged to ratify the pending EAC income tax treaty. The pending multilateral treaty was signed on 30 November 2010 by EAC members Burundi, Kenya, Rwanda, Uganda, and Tanzania. To date, the treaty has been ratified by Kenya, Rwanda, and Uganda. The treaty will enter into force once the last of the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force.