ExTax
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Excessive Tax
All tax feels excessive and this one really is[1].
- ExTax is a sales/purchase tax which is charged on all good and services which are carried out by ExTax registered entities.
- All corporations, partnerships, NPOs, sole traders, stasis avatars and trusts whose tri-cyclical turnover exceeds 0.0001% of Slab GDP are automatically registered
- Transactions between private individuals do not currently fall under ExTax[2]
- The current standard rate of ExTax is 120%
- The current zero rate of ExTax is 15%