Global Tax 50 2015: Kim Jacinto-Henares
International Tax Review is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Global Tax 50 2015: Kim Jacinto-Henares

Commissioner, Philippines Bureau of Internal Revenue; vice-chairwoman, ad hoc group on BEPS Action 15

Kim Jacinto-Henares

Kim Jacinto-Henares is a new entry this year

2015 was a busy year for Kim Jacinto-Henares, commissioner of the Bureau of Internal Revenue in the Philippines. Her country became a member of the global forum on BEPS, it was invited to participate in the work of the Committee on Fiscal Affairs, the OECD group that sets the organisation's tax agenda, and the commissioner became a member of the UN Committee of Tax Experts.

On top of that, she was nominated by her government to be one of the vice-chairpersons of OECD Working Party 15, the group set up to negotiate the multilateral instrument to incorporate the BEPS recommendations into existing bilateral tax treaties.

"Not only were we busy here with domestic revenue mobilisation, but I found myself out of the country a lot," she says.

The commissioner believes agreement on the multilateral instrument will be possible for the 44 countries that participated in the BEPS negotiations, but is not sure about any other jurisdiction.

"All the other countries are not bound by the instrument," she says. "Will other countries agree to it? It won't be a problem for the 44, but there is a lot to be discussed."

She adds that the talks on the multilateral instrument cannot be used to go back over what was agreed by the BEPS working parties: "We fought over every comma, every period. You cannot go back."

The Philippines did not commit to implement anything that emerged from the BEPS process. "We participated on the very clear understanding that we would not be bound by it," says Jacinto-Henares. "We would not have agreed to participate if we were bound. We didn't want to be in the same situation with exchange of information, where an agreement was made and we were bound by it, finding ourselves on blacklists and the like. We don't want to be surprised in the future. This was made very clear to everyone: you made the agreement not us."

The Global Tax 50 2015

View the full list and introduction

The top 10 • Ranked in order of influence

1. Margrethe Vestager

2. Pascal Saint-Amans

3. Wang Jun

4. Arun Jaitley

5. Marissa Mayer

6. Will Morris

7. Ian Read

8. Pierre Moscovici

9. Donato Raponi

10. Global Alliance for Tax Justice

The remaining 40 • In alphabetic order

Brigitte Alepin

Andrus Ansip

Tamara Ashford

Mohammed Amine Baina

Piet Battiau

Elise Bean

Monica Bhatia

David Bradbury

Winnie Byanyima

Mauricio Cardenas

Allison Christians

Rita de la Feria

Marlies de Ruiter

Judith Freedman

Meg Hillier

Vanessa Houlder

Kim Jacinto-Henares

Eva Joly

Chris Jordan

Jean-Claude Juncker

Alain Lamassoure

Juliane Kokott

Armando Lara Yaffar

Liao Tizhong

Paige Marvel

Angela Merkel

Zach Mider

Richard Murphy

George Osborne

Achim Pross

Akhilesh Ranjan

Alan Robertson

Paul Ryan

Tove Maria Ryding

Magdalena Sepulveda Carmona

Lee Sheppard

Parthasarathi Shome

Robert Stack

Mike Williams

Ya-wen Yang

more across site & bottom lb ros

More from across our site

Australian businessman Gordon Merchant used EY’s advice to offset an A$85 million capital gain, according to the Federal Court
Griggs has been drafted in ahead of schedule as the incumbent Tim Ryan departs for Citigroup; while the Netherlands plans to scrap a 15% share buyback tax
Authorities must ensure that Russian firms do not use transfer pricing schemes to increase profits made from oil sold in different markets, advocacy organisations have argued
Fallet, a partner at law firm Mauger Muniz Advogados in Brazil, tells ITR about his passion for tax law, the leaders who inspired him, and what makes tax cool
The former chief operating officer will assume the role on July 1
Ahead of next week's Indirect Tax Forum in London, ITR spoke with Christian Van Der Valk of Sovos about how different governments and companies are embracing e-invoicing
Konrad Jeczewski has alleged he was threatened with negative reviews before being made redundant by EY Australia
The suggestion was welcomed by Skadden’s European tax head at a special event on space and tax
A majority of clients – particularly high-earning businesses – want advisers with demonstrable social credentials, according to a survey of more than 28,000 corporate counsel
The training comes at a ‘critical time’ in the fight against tax criminals; in other news, Spanish prosecutors have dropped a tax fraud case against Shakira
Gift this article