As sweeping tax changes are announced the world to help mitigate the economic impact of the Covid-19 pandemic, the  Organisation for Economic Co-operation and Development (OECD) has released its guide to emergency tax policy. Each day this week eprivateclient is examining what some of the major economies in each region are doing and how their policies stack up against the OECD’s recommendations.

Broadly speaking the OECD’s key guidelines are as follows:

• More generous welfare and income support

• Deferring or waiving social security payments and payroll taxes

• D...