Amid the new coronavirus pandemic, different countries are adopting several tax measures to reduce the public health crisis’ adverse impact and the effects of its resulting economic shock. The highlights among them are the deferral of payment of taxes of different kinds, and the postponement of the submission of declarations and other ancillary tax obligations, for individuals and legal persons.
The budgetary needs of governments to face the crisis, however, are severe. Some of the measures observed abroad may represent disproportionate tax waivers or ineffective resource mobilization, while others may be insufficient to mitigate the effects of the economic shock.
Countries’ different economic and social realities may indicate that tax measures motivated by the COVID-19 pandemic must be adapted to the needs and dynamics of each country. In the Rethinking Global Tax Policy: Beyond Digital webinar, conducted by Professor Romero J. S. Tavares, Ph.D., different tax policy options for facing the pandemic and the crisis will be discussed, with particular emphasis on what can be useful lessons for Brazil.
Insper Webinars – Insper believes that quality information based on evidence is essential to decision-making and to face the challenges posed by the surge of the new Coronavirus. In this sense, the school has been promoting a series of online events, for free, to disseminate relevant content. They cover topics such as economic overview, labor aspects, legal tools applicable, challenges for the startups, leadership and management of remote teams, management of the working capital in times of crisis, impacts on supply chains, and coronavirus’ impacts on family businesses.
Professor Romero J. S. Tavares, Ph.D., is Professor and Researcher at Insper. He holds a Ph.D. in International Taxation from the University of Vienna (Wirtschaftsuniversität Wien) summa cum laude (sehr gut mit Auszeichnung), a Masters in International Business from the University of Detroit, as well as a graduate degree from Harvard Law School, among other graduate and extension programs (Leiden, Insead). Prof. Tavares has more than 40 works published in the field of taxation. He had worked as a consultant to the World Bank in Austria, having served countries in Eastern Europe and Asia. Currently, Prof. Tavares is a Lawyer in São Paulo, Lead Partner at PwC’s International Tax Consulting in Brazil. He has a career of over 26 years developed in Brazil and abroad. He is also a member of PwC’s global team in Tax Policy and Administration and a Consultant to the Brazilian National Confederation of Industry ( CNI, for its acronym in Portuguese) in Tax Policy.
For over 20 years, Jeffrey led the OECD tax work, and now he is the Director of the WU Global Tax Policy Center (WU GTPC) at the Institute for Austrian and International Tax Law, Vienna University of Economics and Business (Wirtschaftsuniversität Wien, WU). He also serves as a Senior Policy Advisor to the Global Vice Chair of Tax at EY, and as a Senior Advisor to the United Nations Tax Committee, the Inter-American Development Bank (IDB) and UNCTAD and a number of regional tax administration organizations as well as being involved with a number of NGOs.
Prof. Canado holds a Master’s degree in Tax Law (2008) and a Ph.D. in Law from the Pontifical University of São Paulo – PUC/SP (2014). She had served as a Professor of the São Paulo Law School at Fundação Getulio Vargas’ Graduate and Professional Masters programs, and of the professional Masters in Management for Competitivity at Fundação Getúlio Vargas’ São Paulo School of Business Administration (FGV – EAESP) She is the Coordinator of Insper’s Graduate Program in Law and of its Taxation Department. Prof. Canado is the author of the book COFINS – Aspectos Teóricos e Práticos (“Theoretical and Practical Aspects of Brazil’s Contribution for the Financing of Social Security – COFINS”) published by Saraiva publishing house in 2011. Besides, she co-authored the book Curso de Direito Tributário e Finanças Públicas (“A course in Tax Law and Public Finance,” also published by Saraiva). It won the 2008 edition of the Brazilian book prize Jabuti, in the category Best Law Book. Prof. Canado has extensive experience in the area of Law, with emphasis on Tax Law. In the academic field, she has dedicated herself to studying the subject of tax reform, building bridges between the economic pillars of taxation and the legal design of tax systems. She also served as a director of the independent think tank Centro de Cidadania Fiscal (Center for Tax Citizenship – CCiF) until October, 2019. Since then, Professor Canado is a Special Advisor to the Brazilian Ministry of Economy, being in charge of the subject of Tax Reform.