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. --- 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 revenues of the economies. Cyprus is not in a position to take...