Kenya’s Court of Appeal Declares Finance Act 2023 Unconstitutional

• The Court of Appeal invalidates Kenya’s Finance Act 2023, disrupting tax revenue plans
• Treasury plans to appeal the decision to the Supreme Court to avoid a significant revenue shortfall

Nairobi, Kenya – Kenya’s Court of Appeal has declared the entire Finance Act 2023 unconstitutional, dealing a significant blow to the East African nation’s efforts to increase tax revenues and manage its debt.