Kenya signs MCAA for Exchange of Country-by-Country reports | Implications for MNEs operating in Kenya

06 December 2022|Tax Alerts, Legislation & Policy, National/Federal Taxation, Transfer Pricing, OECD|Kenya

On 9 September 2022, Kenya signed the Multilateral Competent Authority Agreement (MCAA) for Exchange of Country-by-Country (CbC) reports.
As such, Kenya has joined a league of countries globally that have committed to the automatic exchange of CbC reports.

Overview

Kenya has been actively monitoring international developments including the Base Erosion and Profit Shifting (BEPS) project led by the Organisation for Economic Co-operation and Development (OECD). The country’s focus is on modernizing …

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