Before Cyprus Tax Reform 2026 entered into force and began to affect businesses, investment decisions and tax compliance, it was preceded by a long and demanding design process. A process that involved strategic decision-making, complex policy trade-offs and the careful balancing of international, European and national considerations.
This is precisely the process explored by the panel discussion “Designing the Cyprus Tax Reform: Policy Objectives, Architecture and Strategic Choices”, taking place as part of the 9th Cyprus International Tax Conference – Cyprus Tax Reform 2026: Implementation, Impact & Positioning in a Changing Global Tax Landscape. The discussion focuses not only on the outcome of the reform, but more importantly on the logic and strategy that shaped it.
The panel offers an authentic, first-hand perspective from individuals who were directly involved in the design of the reform. Through the discussion, participants will gain insight into the core policy objectives, the critical trade-offs underpinning key legislative decisions, and the way in which Cyprus sought to balance tax competitiveness with international alignment and fiscal sustainability.
Participating in the panel are two highly respected tax experts and members of the Project Advisory Committee of the Cyprus Tax Reform:
- Marios Andreou, Tax Expert, Project Advisory Committee of the Cyprus Tax Reform
- Costas Markides, Tax Expert, Project Advisory Committee of the Cyprus Tax Reform
Marios Andreou, National Tax Policy Leader at PwC Cyprus, brings a strategic perspective informed by extensive experience in international tax matters, EU tax law and cross-border transactions. His contribution focuses on how Cyprus positioned itself within the international tax landscape, taking into account the expectations of the OECD, the European Union and global investors.
Costas Markides, Head of the International Tax practice at KPMG Cyprus and advisor to the Ministry of Finance on tax treaty negotiations, complements the discussion with practical insight into international tax policy developments. His experience is particularly valuable in explaining how global frameworks such as OECD BEPS 2.0 and Pillar Two were incorporated into national legislation.
The discussion will cover the structural changes introduced in corporate taxation, personal income tax and investment income, as well as areas where further clarification of legislative intent may be required during the implementation phase. These issues are of critical importance to professionals, businesses and policymakers alike.
At a time when taxation has become a key instrument of economic policy and international positioning, this panel stands out for its focus on the rationale behind the reform. It moves beyond the question of “what is changing” to address the more fundamental question of “why it was designed this way”.
For tax professionals, business leaders, investors and policymakers, this discussion offers a clear and structured understanding of Cyprus’ new tax framework and the strategic direction it represents. Such understanding provides the most reliable foundation for navigating the transition to the new tax era.
Information
Sponsor:
SHAI (CY) LTD
Supporters:
Baker Tilly South East Europe, Deloitte, EY Cyprus, KPMG, PwC Cyprus, STI Taxand, The Marshall Islands Corporate Registry
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
