COVID-19 Nordic Responses

The Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden) have adopted various tax policy measures in order to confront the current economic crisis caused by the downscale of their domestic economies. Despite their common characteristics (size, economic situation, institutional settings),...

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Bibliographic Details
Main Authors: Brokelind, Cécile, Hansson, Åsa
Format: Article in Journal/Newspaper
Language:English
Published: Kluwer Law International 2020
Subjects:
Law
Online Access:https://lup.lub.lu.se/record/ef2fe876-e63a-4ada-b65e-8cfdd1b3043b
https://portal.research.lu.se/files/82199020/COVID_19_AND_FISCAL_POLICIES.pdf
Description
Summary:The Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden) have adopted various tax policy measures in order to confront the current economic crisis caused by the downscale of their domestic economies. Despite their common characteristics (size, economic situation, institutional settings), the Nordic countries have adopted different strategies to limit the detrimental effects of the crisis, which this contribution describes and explains. Furthermore, this article compares the short term tax measures adopted in March and April 2020 in these countries and also analyses options for needed reforms to cope with future crises.