An act of the National Assembly for the adoption of a taxation scheme.
- 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
- 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
Nihil Obstat, High Court of Keithieopia
Imprimatur, ⊗ /HIH Keith/
Emperor of Keithieopia
21st Dosmar 20 IY ⇔ Febuaury 20th, 2022 HY