Advantages of applying tax incentives in the conditions of economic crisis

This article is devoted to the consideration of the measures implemented through application of tax incentives, which must be undertaken to mitigate negative consequences of the possible economic crisis. In addition, the article studies relevant foreign experience and significance of preventing negative consequences of the economic crisis. Furthermore, the article considers the fact, that tax incentives applied during the coronavirus pandemic, comply with the legislation norms, and in reliance upon this fact, the author has developed relevant proposals and recommendations.