The Impact of COVID-19 on the Tax Policy in the European Union

The purpose of this article is to perform an analysis of budget revenues and expenditures in the context of the COVID-19 pandemic. The analysis shows that this pandemic will challenge the European economies, as they may face major imbalances in the coming years. At the same time, the estimated budge...

Full description

Bibliographic Details
Main Authors: Radu CIOBANU, Adriana Florina POPA, Mirela PĂUNESCU
Format: Article
Language:English
Published: The Body of Expert and Licensed Accountants of Romania 2021-08-01
Series:CECCAR Business Review
Subjects:
Online Access: https://www.ceccarbusinessreview.ro/the-impact-of-covid-19-on-the-tax-policy-in-the-european-union-a144d/download-PDF/
id doaj-e2688133ed554272808b20c77704ad6c
record_format Article
spelling doaj-e2688133ed554272808b20c77704ad6c2021-08-30T11:41:10ZengThe Body of Expert and Licensed Accountants of Romania CECCAR Business Review2668-89212021-08-0127445610.37945/cbr.2021.07.0526688921The Impact of COVID-19 on the Tax Policy in the European UnionRadu CIOBANU0Adriana Florina POPA1Mirela PĂUNESCU2Bucharest University of Economic StudiesBucharest University of Economic StudiesBucharest University of Economic StudiesThe purpose of this article is to perform an analysis of budget revenues and expenditures in the context of the COVID-19 pandemic. The analysis shows that this pandemic will challenge the European economies, as they may face major imbalances in the coming years. At the same time, the estimated budget deficit for the end of 2020 and for 2021 was analysed, the conclusion being that most EU countries will have to find sources to finance the high expenditures made to support the business and health sectors. https://www.ceccarbusinessreview.ro/the-impact-of-covid-19-on-the-tax-policy-in-the-european-union-a144d/download-PDF/ budget deficittax policygross domestic productpandemic
collection DOAJ
language English
format Article
sources DOAJ
author Radu CIOBANU
Adriana Florina POPA
Mirela PĂUNESCU
spellingShingle Radu CIOBANU
Adriana Florina POPA
Mirela PĂUNESCU
The Impact of COVID-19 on the Tax Policy in the European Union
CECCAR Business Review
budget deficit
tax policy
gross domestic product
pandemic
author_facet Radu CIOBANU
Adriana Florina POPA
Mirela PĂUNESCU
author_sort Radu CIOBANU
title The Impact of COVID-19 on the Tax Policy in the European Union
title_short The Impact of COVID-19 on the Tax Policy in the European Union
title_full The Impact of COVID-19 on the Tax Policy in the European Union
title_fullStr The Impact of COVID-19 on the Tax Policy in the European Union
title_full_unstemmed The Impact of COVID-19 on the Tax Policy in the European Union
title_sort impact of covid-19 on the tax policy in the european union
publisher The Body of Expert and Licensed Accountants of Romania
series CECCAR Business Review
issn 2668-8921
publishDate 2021-08-01
description The purpose of this article is to perform an analysis of budget revenues and expenditures in the context of the COVID-19 pandemic. The analysis shows that this pandemic will challenge the European economies, as they may face major imbalances in the coming years. At the same time, the estimated budget deficit for the end of 2020 and for 2021 was analysed, the conclusion being that most EU countries will have to find sources to finance the high expenditures made to support the business and health sectors.
topic budget deficit
tax policy
gross domestic product
pandemic
url https://www.ceccarbusinessreview.ro/the-impact-of-covid-19-on-the-tax-policy-in-the-european-union-a144d/download-PDF/
work_keys_str_mv AT raduciobanu theimpactofcovid19onthetaxpolicyintheeuropeanunion
AT adrianaflorinapopa theimpactofcovid19onthetaxpolicyintheeuropeanunion
AT mirelapaunescu theimpactofcovid19onthetaxpolicyintheeuropeanunion
AT raduciobanu impactofcovid19onthetaxpolicyintheeuropeanunion
AT adrianaflorinapopa impactofcovid19onthetaxpolicyintheeuropeanunion
AT mirelapaunescu impactofcovid19onthetaxpolicyintheeuropeanunion
_version_ 1721185309298786304