In the wake of the unprecedented COVID-19 crisis, tax systems should be reformed, and tax avoidance and evasion reduced, to confirm an economic recovery within which everyone pays their share, says the International money (IMF). Taxes get hold of many of the items that are fundamental to functioning societies across the globe, like schools, health care, and social services. Money raised through taxation is crucial to making sure that these services are maintained during the COVID-19 crisis. But, when businesses finish off, and millions lose their jobs, as went on during this crisis, tax income plummets. In the short term, governments have put together stimulus packages, and a good array of measures to assist businesses and citizens retreat to their feet. The IMF is tracking these eff...
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