ITR Global Tax 50 2022: Sri Mulyani Indrawati

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ITR Global Tax 50 2022: Sri Mulyani Indrawati

Minister of finance, Indonesia

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Sri Mulyani Indrawati continues to play a crucial role in the Indonesian government, but also in the international community. Indrawati chaired the G20 meetings on tax held in Bali, Indonesia on November 15 and 16 2022.

The Indonesian government is committed to introducing the OECD’s two-pillar solution in 2023 and Indrawati is overseeing work to introduce new tax rules including a 15% minimum corporate rate. However, Indrawati has already overseen landmark tax reforms in Indonesia.

Indrawati’s reforms include a carbon tax, a higher VAT rate, and a programme to report undisclosed assets from 2021 to bolster the Indonesian government’s revenues by 2023. By early 2022, the tax reforms had increased tax revenue by 59%, amounting to Rp109 trillion ($6.9 billion).

The VAT rate in Indonesia increased from 10% to 12% in October 2021, while goods and services are taxed at between 5% and 25%. Several VAT exemptions were phased out in 2022. The legislative package also includes a carbon tax at Rp75 for every kilo of carbon dioxide emitted, and an excise tax on all plastic products.

Indrawati has led the Ministry of Finance in Indonesia since she was appointed by President Joko Widodo in 2016. As Indonesia tries to reduce government debt, Indrawati may be the best steady hand for times of economic turbulence.

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
NGOs
 
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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