The Enterprise Tax Act, 643: Difference between revisions
From The Kodiak Republic Wiki
→Article 3 - The Kodiak Revenue Directorate: Again, critical wording missing which made Article 3 nonsensical. Per "Taxation Revision Resolution".
No edit summary |
(→Article 3 - The Kodiak Revenue Directorate: Again, critical wording missing which made Article 3 nonsensical. Per "Taxation Revision Resolution".) |
||
| (3 intermediate revisions by one other user not shown) | |||
Line 2:
''An act to fund public programs and other necessary government expenditure through a levy on the profits of general enterprise.''<br>
''
''
''AMENDED 16 September 2023 by the [[Business Relief Resolution, 658]].''
==Article 1 - The Corporation Tax==
Line 12 ⟶ 13:
:2.2 - Permits a one-to-one deduction of capital losses to present capital gains if such capital losses were accrued within the previous three financial years.
:2.3 - The Capital Gains Tax Rate shall be set at 25% of total reported capital gains after deductions.
==Article 3 -
:3.1 - Creates a tax levied on estimates regarding large, multinational companies profits earned in this country, regardless of their actual reporting.
:3.
| |||
