Saturday 22 December 2007

Tax Sharing Portion

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We can devide tax in ERepublik to become two main categories:
1. Central Tax
2. Regional Tax

Central Tax is including: Income Tax, Value Added Tax (VAT), and Import Tax.
- Income Tax is deducted from all citizens' income
- VAT is deducted from goods sold
- Import Tax is deducted from overseas businessman who is sell their goods to lisenced country
Central tax is setting by Country President and approved by the Congressman.
Subject of central tax are all existing industries.
Click here to know the updated list of existing industries.

Regional Tax is including: Monthly Housing Tax and Monthly Company Tax
subject of this tax is the house owner and the company owner. Regional tax is controlled and set up by mayor individually.

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