Finance Minister announces OECD G20 BEPS framework approval on January 5, 2026

The Minister of Finance announced the approval of the OECD G20 Inclusive Framework on BEPS, with the decision made on January 5th, 2026.

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The Minister of Finance announced that the OECD G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) was approved on January 5th, 2026.

This framework aims to address tax challenges arising from digitalization and ensure fair taxation. The approval signifies international commitment to implementing measures to prevent tax avoidance and improve tax transparency.

Further details are available on the official government website.

Read the Original: Government of Cyprus on January 10, 2026
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