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Line 10: :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 15% of total reported gross profitable revenue. :1.3 - Small Business Tax Rate: The tax rate for small businesses, as defined in The Kodiak Revenue Directorate Act, shall be set at 10% of their annual taxable income. :1.4 - Employee-Owned Business Tax Rate: The tax rate for employee-owned businesses, as defined in The Kodiak Revenue Directorate Act, shall also be set at 10% of their annual taxable income. ==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.

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The Enterprise Tax Act, 643: Difference between revisions