Kenya Issues Draft Rules on Top-Up Tax, Dispute Resolutions

Kenya is seeking input on a pair of draft rules on its global minimum tax and on its advance pricing agreement tax dispute resolution mechanism.

The Kenyan Revenue Authority issued draft rules Monday providing additional guidance on the country’s minimum top-up tax and on how companies can get advance pricing agreements to avoid future tax disputes with tax authorities.

Comments are due by Dec. 2.

• The draft rules for the top-up tax explain how the KRA plans to implement the tax, which looks to set a minimum 15% minimum tax rate on large multinationals. The tax, which took ...