Countries around the world are implementing fiscal measures under the threat of the coronavirus.

Countries around the world are implementing emergency fiscal measures to strengthen weakened economies under the threat of the coronavirus (COVID-19). Providing tax breaks to the most affected people and companies, until the emergency subsides, is welcome. Countries should consider tax reduction measures, because the health issue is creating a substantial economic shock. Taxes requiring regular payments will affect the liquidity of businesses and households. Therefore, governments should consider fiscal relief as a way to minimize the economic impact of the…