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%

Notes

  1. but there is no income tax, duty, inheritance tax or capital gains tax, so stop whinging
  2. although if things don't start shaping up soon...