Early restoration planning by tax administrations key to support individual and business taxpayers towards economic recovery from COVID-19 pandemic
Recovery from the profound impacts of the COVID-19 pandemic on people's lives, jobs, businesses and the wider economy is likely to be lengthy, challenging and multifaceted, with tax administrations playing a critical role in restoration planning, according to a new OECD report ‘Tax Administration Responses to COVID-19: Recovery Period Planning’ prepared by the OECD's Forum on Tax Administration (FTA) in co-operation with the Intra-European Organisation of Tax Administrations (IOTA) and ...
Tax and fiscal policies central to governments’ responses to Covid-19 crisis
With global economic activity facing a historic drop and government spending rising dramatically, the implications of the Covid-19 crisis on public finances and tax revenues are significant. Drawing on its multi-disciplinary expertise, the OECD is deploying its data gathering and analytical capacities to help governments face these unprecedented challenges while supporting businesses and people towards economic recovery. This was announced in a press release on the website of the OECD ...
Tax and fiscal policy should continue to support households and businesses through containment, then shift to bolstering recovery
Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis. ‘Tax and Fiscal Policy in Response to the Coronavirus Crisis; Strengthening Confidence and Resilience’, a report requested of the OECD by the Saudi ...
IMF Staff Concluding Statement of the 2019 Article IV Mission to Curaçao and Sint Maarten
Op 2 december 2019 is op de website van het Internationaal Monetair Fonds (IMF) de zogenoemde “Staff Concluding Statement” gepubliceerd met betrekking tot de ‘Article IV mission’ naar Curaçao en Sint Maarten. Een “Concluding Statement” beschrijft de voorlopige bevindingen van de IMF-delegatie na afloop van een officiële missie naar een land. De Concluding Statement vangt aan met de volgende korte samenvatting van de bevindingen: “The monetary union of Curaçao and ...