Post by Nathan on Sept 9, 2004 20:27:54 GMT -6
Senate Bill #23
"Imperial Tax Act"
Whereas, all nations require an income to pay for governmental services and expenditures, and
Whereas, Natopia is a nation that currently has no possibility of paying for and provideing services,
Be it resolved by this Grand Natopian Senate,
That, all Natopian citizens bear the burden of a 10% tax on their monthly income.
That, all Natopian owned organizations bear the burden of a 10% tax on their monthly revenue.
That, non-profit Natopian organizations may apply for tax exemptions through the Lower Ministry of Internal Affairs.
That, due to the nature of Natopia's economy, taxes will be deducted directly from a citizen's income as the income is deposited in the Imperial Bank of Natopia.
That, products sold in Natopia will have a 3% sales tax.
That, the taxes outlined in this Bill will go into effect one week after the passage of this Bill into Law.
Sponsored by HSE Nathan Shepard (FJBP-Ziegeland)
"Imperial Tax Act"
Whereas, all nations require an income to pay for governmental services and expenditures, and
Whereas, Natopia is a nation that currently has no possibility of paying for and provideing services,
Be it resolved by this Grand Natopian Senate,
That, all Natopian citizens bear the burden of a 10% tax on their monthly income.
That, all Natopian owned organizations bear the burden of a 10% tax on their monthly revenue.
That, non-profit Natopian organizations may apply for tax exemptions through the Lower Ministry of Internal Affairs.
That, due to the nature of Natopia's economy, taxes will be deducted directly from a citizen's income as the income is deposited in the Imperial Bank of Natopia.
That, products sold in Natopia will have a 3% sales tax.
That, the taxes outlined in this Bill will go into effect one week after the passage of this Bill into Law.
Sponsored by HSE Nathan Shepard (FJBP-Ziegeland)
