H12 - Crisis ManagementReturn

The article describes the importance and reasons of tax measures taken to fight the crisis. At the beginning it is the comparison of tax policy measures in the context of other measures. Attention is paid to the comparison of fiscal measures in the OECD. Next are presented the basic types of tax measures taken to fight the crisis (Corporate income tax rate reductions, Accelerated depreciation, Loss carryforward and carryback provisions, R&D credit enhancements, Indirect tax activity, Personal income tax measures). The article also presents two currently discussed tax theory concepts related to the prevention of potential crises in the future, namely, financial transaction tax and the concepts of tax neutrality due to the method of financing.