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Trump deal derails KRA’s tax plan for US tech giants
President William Ruto and US President Donald Trump after witnessing the signing of a peace deal between DRC and Rwanda in Washington DC, USA, on December 5, 2025.
The Kenya Revenue Authority’s bid to net extra billions of shillings from large American multinationals through a minimum effective corporate tax rate of 15 percent has suffered a major setback following a new exemption deal brokered by US President Donald Trump.
The US and more than 145 countries this week reached an agreement exempting US-headquartered companies from the global minimum corporate tax that was negotiated under the Organisation for Economic Co-operation and Development (OECD).
