Kenya deposits its instrument of ratification of the Convention on Mutual Administrative Assistance in Tax Matters with the OECD

On 22 July 2020, Kenya deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) with the Organisation for Economic Co-operation and Development (OECD). This action solidifies Kenya’s commitment to combat tax evasion and aggressive tax avoidance schemes.

The ratification of the Convention comes after Kenya became the 94th jurisdiction to sign and hence join the Convention network on 8 February 2016. Kenya also…