NAVIGATING PILLAR 2: INSIGHTS ON CYPRUS’S 15% GLOBAL MINIMUM TAX LAW
On February 7th, 2025, STI Taxand hosted an insightful and informative webinar on the introduction of Cyprus’s 15% Global Minimum Tax Law under the OECD’s Pillar 2 framework. This session brought together STI Taxand’s experts and key stakeholders to discuss the crucial changes and what they mean for businesses, tax professionals, and policymakers alike.
Attendees were guided through the complexities of the new tax law and its global impact, with a particular focus on how Cyprus is aligning with the OECD’s reforms. The discussion covered essential topics such as the key principles of Pillar 2, compliance strategies, and how businesses can effectively adapt to ensure they meet the new tax requirements.
Highlights of the webinar included:
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A breakdown of the global minimum tax and its implications for multinational enterprises (MNEs)
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In-depth analysis of Cyprus’s role in implementing the law and its impact on local businesses
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Practical tips on how businesses can stay compliant while minimizing risk
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Expert insights on navigating the reporting requirements and avoiding common pitfalls
With valuable takeaways for all attendees, the webinar successfully shed light on how businesses can proactively manage these changes and ensure they are prepared for the future of global taxation.
