Cyprus House of Representatives Considering Amendments to Pillar 2 Global Minimum Tax Law

The Cyprus House of Representatives is considering an amending bill, The Ensuring a Global Minimum Level of Taxation of Multinational Enterprise Groups and Large-Scale Domestic Groups in the Union (Amendment) Law of 2026, which was submitted during the plenary session held on 8 October 2026. As previously reported, the amending bill was prepared following comments from the European Commission in the context of the correct transposition of the provisions of Council Directive (EU) 2022/2523 (…