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Airlines, travel and cruise industries hurt by coronavirus could get a tax relief from the White House

Source: stamfordadvocate.com - Mar 7, 2020

WASHINGTON - The travel and tourism industries are facing their worst crisis since the 2001 terrorist attacks, prompting White House officials to consider deferring taxes for the cruise, travel and airline industries to stem the economic fallout of the coronavirus, according to two people briefed on the discussions.

The discussions are a sign that the White House is grappling with how to respond to an outbreak they have publicly downplayed. The talks remain fluid and are preliminary.

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Category: General Business