The Organisation for Economic Cooperation and Development (OECD) is often associated with major international issues that impacts governments and very large multinationals. But in launching their 2017 report on tax policy reforms, OECD's Pascal Saint-Amans remarked that poorly designed taxes can affect startups too.
The comment was made in the Q&A session, and the context was the need for urgency to address some of the tax issues that arise in the digital economy.
In that regard OECD is right - is vital that the international tax system works for ambitious growing businesses, both in terms of its design and how it is operated by the tax authorities.
13/09/2017 - Countries have continued the trend towards implementing tax policy reforms as part of wider strategies to boost growth, with a growing focus on reducing inequalities and driving behavioural change, according to a new report from the OECD. Tax Policy Reforms: OECD and Selected Partner Economies describes the major tax reforms that were implemented, legislated or announced in 2016 across the 35 OECD members as well as in Argentina and South Africa. The report identifies major tax policy trends and highlights that tax is increasingly being used as a key policy lever in the inclusive economic growth strategies of many countries.