OECD: Tax administration responses to Covid-19. Support for taxpayers.

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In connection with the emergence of a coronavirus pandemic that causes COVID-19 disease, on 26th March 2020 OECD has issued recommendations on possible actions which may be taken by governments to support taxpayers.

According to OECD, central authorities should provide the necessary resources and tools to counteract the negative effects of COVID-19 on the global economy. OECD recommends introducing special mechanisms to enhanced access to working capital of business entities in the form of inter alia extension of filing and tax payment deadlines, deferral of tax payments, remitting penalties and interest, quicker refunds to taxpayers and consideration of temporary changes in audit policy.

OECD also suggests providing early tax certainty and adjustments to taxpayer services, including increased use of digital channels, providing comprehensive support for taxpayers. More information you may find in the report with measures taken to support taxpayers, infographics with recommendations on possible actions and on the OECD’s web page.


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