Kenya has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) on 8 January 2025.
This follows after Kenya’s National Assembly approved the ratification of the MLI.
The MLI will take effect for Kenya on 1 May 2025, though its application to specific tax treaties will depend on the other party’s ratification.
The provisions of the MLI will take effect for a covered agreement on 1 January of the year following its entry into force, specifically concerning withholding taxes.
