Tax and Fiscal Policy in Response to the Coronavirus Crisis: Strengthening Confidence and Resilience
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Updated 19 May 2020
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About
This report takes stock of the emergency tax and fiscal policy measures introduced by countries worldwide in response to the Coronavirus (COVID-19) pandemic. It discusses how tax and fiscal policy can cushion the impact of continued containment and mitigation policies and subsequently support economic recovery. It also outlines the major policy reforms that will be needed to prepare for restoration of public finances. The report was prepared in response to a request of Saudi Arabia's G20 Presidency, and presented during the virtual meeting of the G20 Finance Ministers and Central Bank Governors in Washington, on 15 April 2020.
Related reading
- Tax and Fiscal Policies after the COVID-19 Crisis (report, PDF), published 13 October 2021
- Tax Policy Reforms 2021: Special Edition on Tax Policy during the COVID-19 Pandemic (report), published 21 April 2021
Media
- Press release: Tax and fiscal policy should continue to support households and businesses through containment, then shift to bolstering recovery
- Communiqué de presse: Les politiques fiscale et budgétaire devraient continuer de soutenir les ménages et les entreprises pendant la période de confinement, puis étayer la reprise, affirme l’OCDE
FURTHER INFORMATION
- OECD work on tax policy
- OECD and G20 work on taxation
- OECD contributions to tackle the coronavirus (COVID-19)
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