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Omnibus Tax Cut Package: Difference between revisions

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: 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 105% of total reported gross profitable revenue.
 
==== Article 2 - The Capital Gains Tax ====
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: 1.1 - Creates an annual flat tax on the value of privately owned and managed land.
: 1.2 - Specifically excludes the valuation of any property or improvements to a parcel of land.
: 1.3 - Sets the annual Land Value Tax Rate to be 5060%.
 
==== Article 2 - The Under-utilised Residential Property Tax ====
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