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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 Vestager2. Pascal Saint-Amans
3. Wang Jun4. Arun Jaitley
5. Marissa Mayer6. Will Morris
7. Ian Read8. Pierre Moscovici
9. Donato Raponi10. 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

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