Global firms face deadline for tougher tax regulations

Author: Constant MundaPublished on: November 2, 2026Country: Kenya
Business & Economy
Global firms face deadline for tougher tax regulations

Multinationals with annual revenues of at least Sh110 billion in at least two of the past four years must notify the Kenya Revenue Authority (KRA) by November 17. The new rules require large business groups to calculate the taxes they pay in each country. They must make additional tax payments in Kenya if their effective tax rate on profits earned there is below 15 percent.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

CICAN workshop to examine ESG and tax impact on manufacturers
Business & EconomyNigeria
Yinka Kolawole•

CICAN workshop to examine ESG and tax impact on manufacturers

The Commerce and Industry Correspondents Association of Nigeria (CICAN) will hold its annual workshop and awards ceremony on November 19 at Protea Hotel in Alausa, Ikeja, Lagos. Under the theme of mandatory ESG standards and Nigeria’s business climate ahead of the 2030 deadline, the forum will examine how ESG rules and tax changes could affect production costs, investment, employment and the competitiveness of local manufacturers. Bank of Industry Managing Director and CEO Olasupo Olusi is expected as Special Guest of Honour to discuss manufacturing finance and its contribution to the Federal Government’s goal of building a $1 trillion economy by 2030. Representatives of MAN, NACCIMA, LCCI, NECA, NASME, NASSI and CPPE are also expected to attend.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox