[TP] Taxes in the Holy Empire of Pakistan

Day 334, 15:22 • Published in Pakistan Pakistan • by Sandtux

With the arrival of V1 our financial system has been deeply transformed, and for so the taxation in the Holy Empire of Pakistan is being modified. Please take a moment to read this handy information.
 
While the old party, house and company taxes have been removed, presently these are the ones in use.
 
VAT tax| This tax is very useful. It charges the final price of the manufactured items (not Raw Materials) with an amount that goes directly to the State. Unofficial companies have to compete against State funded ones, what hardly can be achieved, and another benefit from this course of action is pakistani goods being more expensive in relation with international markets, discouraging foreigners to come to our country to do cheap buys.
Income tax| Unused until now, it reveals itself as an important tool to mantain sovereignty over our economy. It works by charging the wage received by workers, so by its setting another way of income for the State is created, as another obstacle for unofficial companies operation for similar reasons than the VAT tax.
Import tax| This one is a traditional tax in Pakistan, aimed to limit the foreign penetration in our markets and guarantee the development of our productive system. This policiy it's also supported by another novelty in V1, the trade embargoes.
 
Due to the effects on the economy of this tax changes, the actual payments system will be also modified, accordingly with ANNEX#1 below.
 
Because of the existence of wages distortions while all these changes are being implemented fellow comrades are kindly asked to collaborate in the creation of an initial stock of Raw Materials, needed to properly continue our successful productive system. You may find a list of official companies in the ANNEX#2 below.
 
And, finally, all Imperial Congressmen are requested to make use of their law proposals to continue setting the new taxes in a daily basis to fastly finishing setting up our Superior National Economic System following the list in the ANNEX#3 below.Pride. Power. Pakistan.
 
ANNEX#1
Citizen Fee: 15 PKR
Minimum Wage: 10 PKR
Q1: 10 PKR
Q2: 20 PKR
Q3: 30 PKR
Q4: 40 PKR
Q5: 50 PKR    
 
ANNEX#2
Official High Productive Raw Materials companies (located in x2 regions):
Grain| Sand Grains
Wood| Palm Logs
Oil| Pakistan Oil
Iron| IronSand
Diamonds| THE HARDEST METAL KNOWN TO MAN
(this one is in a x1 region, but it's our only resource)
Gyro_Zepelli and Astro Ranger created other ones, but unfortunately not in x2 regions. We expect response from admin about its relocation, even it not being possible at the moment. 
 
ANNEX#3   &nbsp ;      &nb sp;      & nbsp;     &nbsp ;
[Taxated good] |Income tax| |Import tax| |VAT tax|
[Food]    &nb sp;     99%      & nbsp;   99%          50%
[Gift]     & nbsp;          99%      & nbsp;    99%          50%
[Weapon]        99%           99%          50%
[Moving Tickets] 99%       99%        50%
[Grain]    99%       99%
[Diamonds] 99%         99%
[Iron]    &nb sp;     99%      & nbsp;  99%
[Oil]    &nbs p;     99%      & nbsp;   99%
[Wood]     & nbsp; 99%      & nbsp;     99%
[House]            &nbs p;      &n bsp;     99%      & nbsp;    99%          50%
[Hospital]    &nb sp;      & nbsp;     &nbsp ; 99%      & nbsp;   99%         50%
[Defense System]     99%            99%            50%  
 
 
The Pakistani Interreal Edition available.