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