The Kenya Revenue Authority (KRA) has released a comprehensive list of 78 countries whose financial data will now be shared with Kenya under new tax transparency rules.
The move follows the implementation of the Common Reporting Standard as part of the 2023 tax regulations.
In a public notice dated December 18, 2025, KRA confirmed that Kenyan financial institutions must begin filing information returns from January 1, 2025.
The reporting applies to accounts linked to Kenyan tax residents holding assets in the listed jurisdictions.
The Common Reporting Standard is designed to curb tax evasion by enabling automatic exchange of financial information between countries.
Under the framework, foreign banks and investment institutions will share detailed account data with KRA annually.
The reportable countries span Europe, Asia, Africa, the Americas, and island jurisdictions, including the United Kingdom, Germany, France, China, India, South Africa, Singapore, Australia, Mauritius, Seychelles, and the United States’ financial partners. In total, 78 countries and territories are covered under the new reporting obligations.
KRA explained that financial institutions must adjust their systems to capture accurate data on affected accounts. This includes identifying Kenyan tax residents and ensuring all required information is submitted on time.
The data shared will include personal identification details such as full name, address, KRA PIN, date and place of birth, and tax residency status.
This information allows KRA to match offshore accounts to individual Kenyan taxpayers.
Account details such as the foreign institution’s name, account number, year-end balance, and account status will also be reported.
In addition, financial income data covering interest, dividends, gross proceeds from asset sales, and other earnings will be transmitted.
Stricter rules apply to offshore companies and trusts, where beneficial owners must be disclosed. Accounts exceeding one million dollars will undergo enhanced due diligence to ensure full compliance.
KRA urged affected institutions and taxpayers to seek clarification through its official support channels as enforcement begins.
