• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications Videos

Cyprus To Introduce a 15% Minimum corporate tax rate on Multinational Corporations

December 19, 2022
in Videos
Reading Time: 1 min read

The Cyprus Ministry of Finance will introduce a 15% minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover of at least €750 million while examining ways to mitigate any possible adverse impact on the Cypriot economy.

The Finance Ministry said in a press release on Friday that following a unanimous agreement on the European Directive over the global minimum tax rate, it will prepare the necessary bills transposing the EU directive into national law.

In parallel, the Ministry added that it “will examine ways to mitigate any possible adverse impact on the Cypriot economy.”

EU member states reached an agreement to implement at EU level the minimum taxation component, known as Pillar 2, of the OECD’s reform of international taxation, aiming to impose a minimum rate of 15% on profits of large multinational and domestic groups or companies with a combined annual turnover of at least €750 million.

Member states must transpose the EU directive into national law by December 2023.

Tags: Cyprus taxInternational tax planning
Share1Tweet1Share
Previous Post

Intellectual Property in Cyprus – information, benefits, protection

Next Post

20 really good reasons – Starting or investing in a Business in Cyprus during the year 2023

Next Post
Starting or investing in a Business in Cyprus

20 really good reasons - Starting or investing in a Business in Cyprus during the year 2023

Newsletter

Latest News

mergers and aquisitions
Publications

60% of global CEOs are not planning to delay M&A deals into 2023

January 30, 2023

60% of global CEOs are not planning to delay M&A deals into 2023, even as deals activity falls below record...

Read more
Tax for all

Tax For All (TFA): the Unified Tax Management System of the Tax Department

January 30, 2023
tax debts paid through internet banking

Tax debts arising after a tax notice, ONLY paid through Internet banking

January 27, 2023

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
Menu
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
Menu
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta
2022 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb
  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.