The Coming into Force of Common Reporting Standards in Kenya

Kenya is stepping up its efforts to join global tax transparent jurisdictions in connection with the exchange of information on foreign accounts for tax purposes. On 5 December 2019, Kenya ratified the Convention on Mutual Administrative Assistance in Tax Matters (the Convention) which had been signed on 8 February 2016. By 27 November 2019, 135 countries had signed the Convention, including most of the offshore jurisdictions.