Tax policy is often used to incentivize certain behaviors and discourage others.
As governments face stalling economies, and significantly reduced tax revenues, in the face of the COVID-19 pandemic, they will need to creatively use their tax systems to identify changes that will both stimulate an economy and rebuild tax revenue receipts.
Our Summer Newsletter summarizes tax concepts that a few jurisdictions around the world – the United States, the United Kingdom, Germany, Italy, and Spain – have considered or have implemented to address these issues.
Please contact the lawyers listed in this publication for additional information.