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I&M Bank Tower in Nairobi, Kenya, illustrating the financial services district where many cross-border equity transactions are executed
Capital Gains TaxCGT Kenya 2026Finance Bill 2026non-resident taxshare sale taxcross-border equityindirect transferdiaspora investmentKRAKenya tax lawM&A taxdeal structuring

Capital Gains Tax on Share Sales by Non-Residents in Kenya 2026: How the Finance Bill Reshapes Cross-Border Equity Deals

The Finance Bill 2026 widens the scope of capital gains tax to include the alienation of shares by non-residents where the underlying value derives from Kenya, or where the transaction results in a change of group membership of a Kenyan-resident company. The change has significant implications for diaspora investors and cross-border deal structures.

May 24, 2026 9 min read
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