What happens when taxation is no longer just about numbers and becomes a high-stakes strategy game? When decisions are no longer taken solely by tax departments, but are shaped by geopolitical balances, government choices and global investment moves? This is precisely where Raffaele Russo steps in to shed light, at the 9th Cyprus International Tax Conference.
Raffaele Russo, Partner at Chiomenti Studio Legale, is not just another international tax expert. He is someone who has seen the system “from the inside”. With more than 20 years of experience, he has worked at the IBFD in Amsterdam, the OECD in Paris and the Italian Ministry of Economy and Finance in Rome—before moving to the front line of advising multinational enterprises. Alongside this, he teaches, writes and actively contributes to the international debate on how tax policy is evolving worldwide.
His presentation, entitled “Pillar 2, Geopolitics and Multinational Enterprises,” is one that puts things into perspective. Pillar 2 and the global minimum tax are not simply another compliance exercise. They are mechanisms that influence where multinationals invest, how they design their structures and whether—and how—tax incentives continue to play a role in global competition.
With clear analysis and real-world examples, Raffaele Russo will discuss the current status of Pillar 2, the treatment of tax incentives and the importance of safe harbours. Above all, he will highlight the geopolitical dimension of the new framework: how different countries and economic blocs “read” Pillar 2, and how this shapes multinational decision-making in a world of growing uncertainty.
For Cyprus, which is redesigning its tax framework and repositioning itself on the international investment map, this discussion is more than timely—it is critical. Understanding how Pillar 2 interacts with tax incentives, investment decisions and international competitiveness is an essential tool for professionals, businesses and policymakers alike.
At a conference dedicated to the new global tax order, Raffaele Russo does not come simply to explain rules. He comes to tell the “big picture” story. To show how taxation becomes strategy, how politics influences investment, and how multinationals are called to move in a new, more complex game.
The message is clear—and highly realistic: Pillar 2 is not the end of the story. It is the beginning of a new round. And those who understand the rules and the balance of the game will be the ones with the advantage in the new era of international taxation.
9th Cyprus International Tax Conference
The 9th Cyprus International Tax Conference – Cyprus Tax Reform 2026: Implementation, Impact & Positioning in a Changing Global Tax Landscape has become a landmark event for the wider tax community, bringing together leading professionals, regulators, academics and advisors from Cyprus and abroad. The conference will take place on 10 February 2026 in Nicosia and will focus on current reforms, the evolving global tax order and the impact of technological developments on how we understand and practise taxation.
Information
Supporters:
Baker Tilly South East Europe, Deloitte, EY Cyprus, KPMG, PwC Cyprus, STI Taxand
With the support of:
Association of Cyprus Banks, Association of Certified Fraud Examiners (ACFE), Cyprus Bar Association, CFA Society Cyprus, Cyprus Integrity Forum (CIF), Cyprus Fiduciary Association (CYFA), Cyprus Institute of Internal Auditors (IIA Cyprus), Institute of Certified Public Accountants of Cyprus (ICPAC)
Organiser:
IMH
For more information and registrations, contact IMH:
Telephone: 22505555
Email: events@imhbusiness.com
