The Cyprus Ministry of Finance has issued a release welcoming the OECD tax deal on the global minimum tax rate, despite the fact that it is not taking part in the consultations since Cyprus is not a member of the OECD nor the Inclusive Framework.
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OECD tax deal on the global minimum tax rate
Cyprus welcomes the agreement reached by the G20 on October 8th 2021, marking the long-term efforts to create fair and healthy competition at global level and to safeguard the tax bases and public …