Taxation Revision Resolution

Article 1: New Taxes
1.1 - Creates a flat tax on all the profits generated in Kodiak by multinational corporations, regardless of where they are headquartered or based in."1.1.1 - Sets the annual Diverted Profits Tax to 25%."1.2 - Creates a flat payroll tax levied on employers in proportion to the salaries paid to employees."1.2.1 - Sets the Payroll Tax to 15%."1.3 - Creates a flat gambling tax on all revenue generated from gambling."1.3.1 - Sets the Gambling Tax to 20%."1.4 - Creates a flat tax on the value of all residential property."1.4.1 - Sets the Property Tax to 1%."1.5 - Creates a flat tax on all luxury goods sold. "1.5.1 - Sets the Luxury Goods Tax to 9% of the gross sale price. This is appended onto the existing Point of Sale Tax."

Article 2: Repeal of Existing Taxes
2.1 - Repeal The Micro-Enterprises Act, 649.

Article 3: Amendment to Existing Taxes
3.1 - Amends clause 6.3 in The Commodity and Services Tax Act, 643 to: Sets the Alcohol Sales Levy to be 25% of the gross sale price.

3.2 - Amends clause 5.3 in The Commodity and Services Tax Act, 643 to: Sets the Tobacco Sales Levy to be 25% of the gross sale price.