Kenya introduces Common Reporting Standards Regulations, 2023

07 March 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, OECD|Kenya

The Kenyan Government has issued Common Reporting Standards Regulations, 2023.
The Regulations contain due diligence procedures and record-keeping requirements, outlined in this Alert, for compliance with the Common Reporting Standards.

Executive summary

On 7February 2023, Kenya’s Cabinet Secretary, National Treasury & Planning issued the Tax Procedures (Common Reporting Standards) Regulations, 2023 (the Regulations). The CRS Regulations prescribe guidelines for the reporting by bot…

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