Pascal Saint-Amans

In my view, allowing Spanish companies to defer taxes purely based on their VAT refund status undermines the integrity of the tax system. While it's important to ensure that businesses have a healthy cash flow, tax obligations should remain consistent and predictable. We should tackle refund process inefficiencies directly rather than creating exceptions that could lead to tax compliance complexity.

As Director of the OECD Centre for Tax Policy, I believe that applying taxes on stock options at the point of sale rather than at the grant is a fair and efficient method. This alignment with actual financial benefit ensures that taxes are paid based on realized gains rather than paper profits, which can help reduce complexities and foster a more equitable taxation system.