The Kenyan government deposited its instrument of ratification of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters with the OECD on 22 July 2020.
The Convention, developed jointly by the OECD and the Council of Europe in 1988 and amended by Protocol in 2010, is the most comprehensive multilateral instrument available for all forms of tax co-operation to tackle tax evasion and avoidance.
The Convention provides for all possible forms of administrative co-operation between states in the assessment and collection of taxes. This co-operation ranges from exchange of information, including automatic exchanges, to the recovery of foreign tax claims.
The Convention will enter into force in respect of Kenya on 1 November 2020 and the amending protocol will generally apply from 1 January 2021.