KRA gives multinationals 21 days to declare status under 15% minimum tax

The Kenya Revenue Authority has asked large multinational companies to say whether they fall under a new minimum tax by November 30, 2026.

What happened

The Kenya Revenue Authority (KRA) has given multinational companies operating in Kenya 21 days to declare whether they fall under a new tax regime that requires large firms to pay a minimum of 15 per cent tax on their profits [1][2]. In a notice dated Monday, November 9, KRA directed companies covered by the Minimum Top-Up Tax (MTT) to notify the Commissioner of their tax status by November 30, 2026 [1][2].

Why Kenyans are searching for it

The sources do not explain why the KRA notice is drawing searches in Kenya. They report the notice and its terms but do not say what prompted public interest.

Key facts

• The tax was introduced through the Tax Laws (Amendment) Act, 2024, which inserted Section 12G into the Income Tax Act [1][2].
• KRA issued regulations in 2026 to guide implementation of the minimum tax regime [1][2].
• The tax applies to multinationals whose combined annual revenue is at least Sh110 billion in at least two of the previous four financial years [1][2].
• According to [2], a Kenyan subsidiary could be affected even if its own annual revenue is below Sh110 billion, provided the wider group meets the threshold.
• Companies must provide the group name, the country of the Ultimate Parent Entity, and a list of related Kenyan entities with their KRA PINs [1][2].
• Companies within scope must also file MTT returns and pay any additional tax due [1][2].
• Companies must comply with the Multilateral Competent Authority Agreement on the Exchange of GloBE Information, which provides a framework for tax authorities in different countries to share information on multinational businesses [1][2].
• According to [3], the regime is Kenya's domestic version of the international Pillar Two minimum tax agreement.

What to watch

The key date is November 30, 2026, the deadline for in-scope companies to notify the Commissioner [1][2]. The sources do not say how many companies are affected or how much additional tax may be collected. The Law360 item [3] is a short summary with limited detail, so the fuller terms come from The Standard [1] and Kenyans.co.ke [2]. Readers who need the exact wording should check the KRA notice itself.

Sources

1. [1] KRA moves to enforce 15 per cent minimum tax on multinational companies - The Standard
2. [2] KRA Issues 21-Day Tax Notice Targeting Some Businesses - Kenyans.co.ke
3. [3] Kenya Calls On Multinationals To Report Minimum Tax Info - Law360 Tax Authority - Law360

Compiled by the NairobiCity trend desk from the sources above.