Amendment: The Enterprise Tax Act (643): Difference between revisions
From The Kodiak Republic Wiki
Content added Content deleted
| Line 8: | Line 8: | ||
==Article 1 - The Corporation Tax== |
==Article 1 - The Corporation Tax== |
||
:1.1 - Enacts a flat levy upon all gross operating profits of an organisation or commercial enterprise with sales with the Kodiak Republic. |
:1.1 - Enacts a flat levy upon all gross operating profits of an organisation or commercial enterprise with sales with the Kodiak Republic. |
||
:1.2 - The Corporation Tax Rate shall be set at ''28%'' of total reported gross profitable revenue. |
:1.2 - The Corporation Tax Rate shall be set at '''28%''' of total reported gross profitable revenue. |
||
==Article 2 - The Capital Gains Tax== |
==Article 2 - The Capital Gains Tax== |
||
:2.1 - Enacts a flat levy upon the net physical or financial capital income of an individual, organisation, or enterprise. |
:2.1 - Enacts a flat levy upon the net physical or financial capital income of an individual, organisation, or enterprise. |
||
