Taxation in Caphiria: Difference between revisions
| Line 9: | Line 9: | ||
The base tax rate for residents is 6.05% and 21.46% for non-residents | The base tax rate for residents is 6.05% and 21.46% for non-residents | ||
{| class="wikitable" | {| class="wikitable" | ||
|- | |- | ||
! rowspan="2" style="text-align:center; font-weight:bold;" | Tax category | ! rowspan="2" style="text-align:center; font-weight:bold;" | Tax category | ||
| Line 15: | Line 15: | ||
! colspan="5" style="text-align:center; font-weight:bold;" | Tax rate by social class | ! colspan="5" style="text-align:center; font-weight:bold;" | Tax rate by social class | ||
|- | |- | ||
| Peregrini | | ''Peregrini'' | ||
| Lower-Plebeian | | ''Lower-Plebeian'' | ||
| Upper-Plebeian | | ''Upper-Plebeian'' | ||
| Equite | | ''Equite'' | ||
| Patrician | | ''Patrician'' | ||
|- | |- | ||
| Personal Income (Resident) | | Personal Income Tax (Resident) | ||
| style="text-align:center;" | 6.05% | | style="text-align:center;" | 6.05% | ||
| | | 18.95% | ||
| | | 9.95% | ||
| | | 10.45% | ||
| | | 13.85% | ||
| | | 16.94% | ||
|- | |- | ||
| Personal Income (Non-Resident) | | Personal Income Tax (Non-Resident) | ||
| style="text-align:center;" | 21.46% | | style="text-align:center;" | 21.46% | ||
| | | | ||
| Line 37: | Line 37: | ||
| | | | ||
|} | |} | ||
== Corporate taxes == | == Corporate taxes == | ||
== Goods & Services taxes == | == Goods & Services taxes == | ||
Revision as of 19:50, 31 January 2022
 | This article is a work-in-progress because it is incomplete and pending further input from an author. Note: The contents of this article are not considered canonical and may be inaccurate. Please comment on this article's talk page to share your input, comments and questions. |
Taxation in Caphiria is levied by the Government of Caphiria is collected by the Ministry of the Treasury; specifically, the Office of Quaestores is responsible for the collection of taxes and financial auditing while the Office of Aediles is responsible for approving public fund withdrawals. In 2025, total tax revenue was 30.3% of Caphiria's GDP, or $16.1 trillion.
In Caphiria, the lex tributum (tax code), taxes, tariffs, and duties are solely set by the National Assembly while the Office of Quaestores (within the Ministry of the Treasury) is responsible for tax collection. There are three types of Quaestores - supremus, provincialis, and oppidanus, which represent national, provincial and local tax jurisdictions.
Caphiria's tax system utilizes a base proportional tax on top of using its social stratification system for a class-based progressive tax rate. This tax-by-social-class does not apply for every type of tax category, of which there are 6: Income tax, corporate tax, goods and services tax, wealth/financial tax, and property tax, as well as various fees. Caphiria does not have a capital gains tax.
Income taxes
According to Caphiria's tax code, there are two types of Personal Income Tax. Residential income tax is defined as "any individual (Citizen) living within the Imperium is subject to taxation on all income derived from sources within or outside the Imperium" whereas non-resident is defined as "any individual (Citizen) living abroad more than 183 days shall pay individual income tax only on the income derived or sourced from the Imperium.
The base tax rate for residents is 6.05% and 21.46% for non-residents
| Tax category | Base tax rate | Tax rate by social class | ||||
|---|---|---|---|---|---|---|
| Peregrini | Lower-Plebeian | Upper-Plebeian | Equite | Patrician | ||
| Personal Income Tax (Resident) | 6.05% | 18.95% | 9.95% | 10.45% | 13.85% | 16.94% |
| Personal Income Tax (Non-Resident) | 21.46% | |||||