Small and medium sized enterprises (SMEs) are important for their contribution to employment, innovation, economic … growth and diversity. This report examines the tax treatment of SMEs, the case for SME preferences, and the use of tax … preferences and simplification measures for SMEs in thirty-nine OECD and G20 countries. It finds that many of the tax systems …

growth of SMEs, and considerations arising from a relatively high compliance burden. Differing income tax and social security … contribution burdens of unincorporated and incorporated SMEs are considered in detail, with analysis of average statutory tax rates …/owner of an SME. Various arguments are presented for and against the targeting of tax incentives at SMEs. Country examples of …