Taxation
- Rental income tax: 5%
- Factory processing tax: 2%
- Trade tax: 2%
- Private landowners may impose a rental income and farming tax anywhere from 1% to 10%, in which 1% of the proceeds will go into the Treasury.
- Private landowners may impose a factory processing tax anywhere from 1% to 10%, in which 1% of the proceeds will go into the Treasury.
- Private landowners may impose a trade tax anywhere from 1% to 10%, in which 1% of the proceeds will go into the Treasury.
Note: Landowners may choose whether or not to open their land and processing factories to other players to build and utilise.
For example: Player A has built property on a private land plot somewhere in Europe that he does not own, generating a daily income of 100 BINO. If the landowner has imposed a 7% tax rate, then 6 BINO shall be taxed from Player A’s income and given to the landowner, 1 BINO will be sent to the treasury. Player A will have made a net profit of 93 BINO that day.
Last modified 1yr ago