The Kenya Revenue Authority (KRA) has set a strict November 30, 2026 deadline for large multinational corporations operating in the country to declare their tax status under the newly instituted Minimum Top-Up Tax (MTT) framework.
Under the directive, multinational groups meeting specific global revenue thresholds must formally notify the tax commissioner of their operational scope. The requirements target corporate entities with an annual worldwide revenue of at least EUR 750 million (approx. KES 110 billion) in at least two of the previous four financial years.
The framework, anchored under Section 12G of the Income Tax Act (introduced via the Tax Laws (Amendment) Act, 2024) and detailed in Legal Notice No. 189 of September 2026, aligns Kenya with global minimum tax standards designed to ensure large enterprises pay an effective tax rate of at least 15%.
As part of the mandatory compliance process, affected corporations are required to submit:
- The official name of the multinational group.
- The home jurisdiction of the Ultimate Parent Entity (UPE).
- Comprehensive listings and Personal Identification Numbers (PINs) for all constituent entities operating within Kenya.
In addition to the initial status disclosure, affected businesses must file MTT returns, settle any requisite top-up liabilities, and comply with the Multilateral Competent Authority Agreement on the Exchange of GloBE Information to facilitate international tax transparency. KRA has directed all corporate inquiries and formal notifications to be channelled through its dedicated support desk.
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