Write a summary on covid in 2000 words
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COVID-19 Summary
In response to the coronavirus (COVID-19) threat, many countries around the world are implementing emergency tax breaks to support their economies. We have summarised below the emergency measures announced by a number of these territories and will add others when available. Measures being implemented include delayed VAT remittances to give businesses a cash flow boost, or cuts in VAT/ GST rates to help the worst affected sectors, such as consumer, tourism/hospitality, or in respect of medical supplies.
This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, PricewaterhouseCoopers LLP, its members, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else
acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
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