====== Taxes ====== An act of the National Assembly for the adoption of a taxation scheme. ===== Provisions ===== - All items sold in Keithieopia shall have a sales tax of 5% - Krubles leaving the nation shall face a 1.5 exchange rate taxation on top of the current exchange rate - [[https://en.wikipedia.org/wiki/Real_property|Real property]] shall be taxed yearly at 5% - Should a rental property be vacant for more than a year, taxes on the property shall increase to 1.5 times - Should a rental property be vacant for more than five years, taxes on the property shall increase to 2 times. - Money inherited above two times the yearly minimum wage shall be taxed at 50% - All real property, when inherited, shall have its valuation included in this calculation - Real property owned by a family for more than 60 years shall be excluded from this calculation ===== Authority ===== //Nihil Obstat//, High Court of Keithieopia //Imprimatur//, ⊗ /HIH Keith/\\ ''Emperor of Keithieopia'' 21st Dosmar 20 IY ⇔ Febuaury 20th, 2022 HY