ITR Global Tax 50 2022: Joe Biden
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ITR Global Tax 50 2022: Joe Biden

US president


US President Joe Biden came to power promising to reform the country’s tax system as part of an ambitious economic platform. No Tax 50 would be complete without the US president, but especially this time as Biden was crucial to securing a global minimum corporate tax rate in 2022.

Biden favoured a global minimum rate of 21% back in 2021, but he eventually compromised with his opponents and settled on 15% in July 2022. This was a historic moment because the US has the power to make or break global agreements. It sent a message worldwide and helped secure broad support for the OECD’s tax deal.

However, this was the easy part. Over the course of a year, US lawmakers squabbled over the details of a higher minimum rate. The US already had a minimum of 10.5% thanks to the Tax Cuts and Jobs Act, but the higher rate met strong opposition from conservative Democrats like Joe Manchin.

The Inflation Reduction Act was not approved until August 2022, but this secured the 15% minimum rate in the US and made it much more likely for pillar two to succeed worldwide. Since Biden may now face a divided Congress, this will go down in history as his legacy in tax policy.

President Biden faces the difficulty of securing wider tax reform to stop the rise of the digital services tax against US technology companies in countries such as France and India. But his work just got much harder going into 2023.

Global Tax 50 2022

Breaking down the entire 50 individually according to the impact they made would require too granular an approach. Each entry is in alphabetical order as part of categories, i.e. individuals, to make it simpler to navigate.

Industry figures
Tax authorities
Public officials
Noteworthy individuals
Vice president of global transfer pricing and tax disputes, Johnson & Johnson
Chair of tax policy group, BusinessEurope
Director and head of international tax for Meta Latin America
Head of transfer pricing, AstraZeneca
Executive vice president of global tax and treasury, Unilever
Global head of tax, Siemens
Chair of the taxation committee, USCIB
Chair of the tax committee at BIAC
Commissioner of the Canada Revenue Agency
Commissioner of SARS
Minister of Revenue, New Zealand
Former IRS commissioner
Commissioner of the State Tax Administration
Executive secretary of ATAF
Director of direct taxation, coordination, economic analysis and evaluation, European Commission
Minister of finance, budget and national planning, Nigeria
US president
Departing president of Brazil
Secretariat of the economy, Mexico
Acting Head of the Tax Policy and Statistics Division, OECD
Co-chairs of the UN Committee of Experts on International Cooperation in Tax Matters (UN Tax Committee)
Commissioner for the economy, European Commission
Minister of finance, Indonesia
Head of TIWB secretariat
Prime minister of Japan
US senators
Director-general of the Public Debt Management Office, Thai Ministry of Finance
Chair of the House Ways & Means Committee
Director of the OECD’s Centre for Tax Policy and Administration
Head of the GloBE unit, OECD
President of Colombia
Acting deputy director of the Centre for Tax Policy and Administration, OECD
Former director of the Centre for Tax Policy and Administration, OECD
Lord of Kingswood, UK
Minister of finance and corporate affairs, India
UK prime minister and chancellor of the exchequer
Chair of the Senate Finance Committee
Secretary of the US Treasury
CEO and global chairman, EY
Tax attorney, blogger and podcaster, Taxgirl
Former Uber lobbyist
Director of Tax Research UK
Director of Tax Policy Associates
CEO of Opportunity Green
Chief executive of Tax Justice Network
Acting director of TaxWatch
Former responsible tax lead at PIRC
Chief executive of Fair Tax Foundation
Director of the ICIJ
Principal analyst for CICTAR
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