Tax Related Measures as an Anticrisis Instrument – A Case Of Estonia, Finland, Greece, Ireland, Slovakia and Romania

Abstract

The paper is focused on tax related measures used for solving the economic crisis in selected countries. The impact of the economic crisis on public finances varies across the European Union. As there are 27 sovereign Member States with independent tax policy and none of them are identical, each government has been dealing with its problems individually and the choice of instruments for crisis management reflects the economic and budgetary conditions of each state. The applied measures have various forms – from ad hoc tax measures to substantial structural reforms and they may have a general fiscal impact or only a cash flow impact.