The Commodity Tax Act (630)

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Revision as of 12:23, 10 October 2021 by FDold>Rakkeyal (Rakkeyal moved page The Commodity Tax Act (Inter) to The Commodity Tax Act (630))

An act to fund government expenditure and exert market controls.
Enacted during the Great Interregnum

Article 1 - The Property Tax

1.1 - Creates a flat tax on all private landed property, set at an annual rate of 6% of the assessed total improved value.

Article 2 - The Petroleum Tax

2.1 - Creates a flat tax on the sale of petroleum, gasoline, butane, diesel, and other oil based fuels, set at a rate of 5% of the initial untaxed sale price.

Article 3 - The Point of Sales Tax

3.1 - Creates a flat tax on the sale of all goods and services, set at a rate of 7% of the initial untaxed sale price and collected by the seller at the point of sale.
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