1 minute read 23 Apr 2020
Aerial view of containers ship arriving in havre port

How COVID-19 is affecting customs and excise taxes: a trade tracker

By

Declan Gavin

EY Global Trade Leader – Indirect Tax

Tax advisor with extensive global experience. Trekker, kayaker and father of two girls.

1 minute read 23 Apr 2020
Related topics Global trade Supply chain Tax

This regularly updated tracker monitors how governments are changing global trade rules in response to the COVID-19 pandemic.

The regularly updated EY COVID-19 Global Trade Considerations tracker helps you monitor rapidly emerging government trade policy responses to COVID-19. Governments around the world are changing trade policies to eliminate import tariffs on COVID-19 critical goods such as personal protective equipment (PPE), ventilators and soap, introducing export restrictions of similar goods, and relaxing regulatory requirements to help business respond quicker and more efficiently.

These changes across the globe are being proposed and implemented on a daily basis. The EY COVID-19 Global Trade Considerations tracker provides a snapshot of what changes have been announced in countries around the world in response to the ongoing crisis.

We’ve developed additional trackers on key topics to help you monitor the global situation. You can find them on our main Tax page. EY Tax professionals are updating the trackers regularly as the situation continues to develop.

Summary

Governments are changing trade policies to make it easier to import and harder to export goods to fight COVID-19. They are also changing customs and excise taxes to help businesses recover from the economic consequences of the pandemic. This regularly updated tracker monitors the developments.

About this article

By

Declan Gavin

EY Global Trade Leader – Indirect Tax

Tax advisor with extensive global experience. Trekker, kayaker and father of two girls.

Related topics Global trade Supply chain Tax