240
edits
Taxation in Kiravia: Difference between revisions
m
→Liquor & Tobacco Taxes
m (Added to category.) |
Carthinova (talk | contribs) |
||
| (5 intermediate revisions by 2 users not shown) | |||
| Line 6: | Line 6: | ||
* The excise tax | * The excise tax | ||
Income taxes are the only ones of the aforementioned taxes imposed at the federal level with the exception of the VAT, which is split between the federal and provincial government, all others are imposed by government at the provincial level with the exception of excise taxes on fuel which don't make up a majority of government revenues but are imposed on a national level. | Income taxes are the only ones of the aforementioned taxes imposed at the federal level with the exception of the VAT, which is split between the federal and provincial government, all others are imposed by government at the provincial level with the exception of excise taxes on fuel which don't make up a majority of government revenues but are imposed on a national level. | ||
== History == | |||
For most of Kiravian history, taxes were mainly assessed upon the agricultural output of a jurisdiction and collected {{wp|in kind}}. Public revenue was extracted from non-agricultural enterprises mainly in the form of royalties, rents, fees for licenses and monopolies, and similar charges. Taxation in coin was practised during the Classical Period but became obsolete in the Postclassical Period as the spatial scale of the economy contracted and legible, organised markets receded, before becoming practical once more during the 14th century AD. From this time until the Republican Restoration, urban authorities depended heavily on {{wp|octroi}} taxes, which is why many {{wp|old town|historic city centres}} dating from long after the feudal era are walled, though not truly fortified. The rural populace during the same period was still taxed (though now in money) on their farm produce and were obliged to pay duties on various manufactures, such as linen and woolen cloth, paper, distilled liquor, ''[[ruxbur|ruxburya]]'', saltpeter, and pins. Several of the later Coscivian Empires and many inland kingdoms and {{wp|Kleinstaaterei|statelets}} imposed a {{wp|salt tax}}. The constitutions of the Kiravian Confederation and Kiravian Federacy authorised the confederal/federal governments to levy a salt tax, but collection was discontinued in 1878 AD. | |||
== Types of Taxation == | == Types of Taxation == | ||
| Line 14: | Line 17: | ||
=== Corporate Income Tax === | === Corporate Income Tax === | ||
The income tax | The income tax on corporate entities in Kiravia is generally set at a rate of 14.5% however for non-residential corporate entities various other fees from the Kiravian government may be applied that while not legally counted as a tax are considered by many to be very similar such as regular licensing and zoning fees. | ||
=== Capital Gains === | === Capital Gains === | ||
| Line 20: | Line 23: | ||
=== Value Added Tax === | === Value Added Tax === | ||
The VAT for Kiravia currently sits at 20% with the base for this tax being made up of various things primarily the movement and sale of goods, services, or property, and construction contracts as well as the import of goods into Kiravia. While the administration | The VAT for Kiravia currently sits at 20% with the base for this tax being made up of various things primarily the movement and sale of goods, services, or property, and construction contracts as well as the import of goods into Kiravia. While the administration of the VAT is handled at the federal level, the revenues from it are split between federal and provincial governments. While the VAT is set nationally, some provinces in Kiravia allow for companies to apply for a reduced VAT rate so long as the company has been operating in the province for at least two (2) years and has generated a certain amount of revenue based on the companies' sector. | ||
=== Excise Tax === | === Excise Tax === | ||
| Line 26: | Line 29: | ||
Fuel tax is the only excise tax that is handled on the federal level and is set at a rate of 22% | Fuel tax is the only excise tax that is handled on the federal level and is set at a rate of 22% | ||
==== | ==== Liquor & Tobacco Taxes ==== | ||
Liquor and tobacco taxes in Kiravia are handled at the provincial level and are a general name for many different taxes with the largest earning and most consistent varieties being on liquor and tobacco with each one being set at 12.5%. In some provinces, only {{wp|hard liquor}} is taxed, while beer, wine, and cider are not. This is often the case in small mainland provinces to encourage tourism from larger neighbouring provinces. Similar taxes are levied on ''kalir'' and {{wp|khat}}. In the [[Sarolasta]]n provinces and [[Seváronsa]], {{wp|kava}} is taxed at 12.5% if sold commercially, though licensed exemptions for community and religious leaders are granted on a shall-issue basis and noncommercial cultivation of the plant is legal and widespread. | |||
==== Sin and Pigovian Taxes ==== | |||
Provinces have imposed numerous other excises with the dual policy aims of collecting revenue and encouraging changes in behaviour among their populations. Examples include taxes on {{wp|lottery}} earnings, {{wp|men's magazines}}, contraceptive products, [[xolkriśgir|colour photography]], {{wp|t.A.T.u.|tattoos}} and {{wp|David Hyde Pierce|piercings}}, {{wp|indoor tanning}} services, {{wp|bicycles}}, and {{wp|videographic games}}, {{wp|video vixens}}, and "enriched energy drinks". In recent decades, some provinces and localities have adopted or considered various excises to correct for negative environmental externalities. | |||
In 2028 AD, [[Venèra|Ilfenóra State]] and neighbouring [[Venèra State]] passed legislation to establish a poll tax on unmarried men over the age of 25. Enforcement is currently suspended while litigation over the constitutionality of the taxes is pending. Though not an excise, it is nonetheless intended to incentivise behavioural change. | |||
Dangerous proposals by rogue municipal governments to impose {{wp|sugary drink tax|sugary drink taxes}} have been heroically thwarted by the independent<ref>Unverified documents published by [[AkbarLeaks]] allege that Kiravians for Consumer Freedom is closely controlled by [[Imperial Cola]] lobbyists.</ref> consumer advocacy NGO Kiravians for Consumer Freedom. | |||
=== Land Taxes === | === Land Taxes === | ||
| Line 51: | Line 61: | ||
Taxation of land used for agricultural purposes is considered a separate tax from the land value tax with it being taxed at a flat rate of 0.07% | Taxation of land used for agricultural purposes is considered a separate tax from the land value tax with it being taxed at a flat rate of 0.07% | ||
=== Stamp Duties === | |||
=== Tariffs === | === Tariffs === | ||
TBD | TBD | ||
| Line 60: | Line 71: | ||
Tax returns in Kiravia are not filed automatically and citizens must have their returns turned in to the government by March 1st, on average citizens of Kiravia and residents spend 170 hours annually filing tax returns and paying taxes. | Tax returns in Kiravia are not filed automatically and citizens must have their returns turned in to the government by March 1st, on average citizens of Kiravia and residents spend 170 hours annually filing tax returns and paying taxes. | ||
== Notes == | |||
{{Template:Award winning article}} | |||
[[Category:2023 Award winning pages]] | |||
[[Category:IXWB]] | [[Category:IXWB]] | ||
[[Category:Kiravia]] | [[Category:Kiravia]] | ||
[[Category:Stuff in Kiravia]] | [[Category:Stuff in Kiravia]] | ||