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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Friday, 21 December 2007

Duty of Mayor

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What is the duty or responsibility of a mayor in ERepublik ?
1. Set Monthly Housing Tax
2. Set Monthly Company Tax

Where is the tax will go ?
The tax will go to regional government (governor/city) in order to maintain the region and to support the center government.

How much is the ideal tax rate ?
The most ideal tax rate is not higher than citizen revenue/salary. I think maximum 10% of salary/revenue of the citizens. If you are not so rich and have enough money to pay your tax, just don't buy a house and create a company, otherwise you will meet a trouble.

Tips for a mayor:
Don't take a high tax to your citizens. That will make a big problem/burden for them.

Tips for citizens and Party President:
Never choose the a cruel and/or stupid person to be a mayor. Because she/he will make a big problem for you, especially for your financial condition. Just imagine if a mayor take from you 50 local currency for house and company tax, you will ruin immediately :P

Want to know more about Tax Sharing Portion between Center and Regional Government ?
Just simply click here !

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