NationStates

List your country’s top income, corporate, and sales tax rate. Feel free to judge the AN’s tax rate.

Draemon Provinces

Highest marginal Income Tax Rate: 30%

Corporate Tax Rate: 15%

Sales Tax Rate: 7%

Top Income Tax Rate-10% except in dire emergencies.
Top Corporate Tax Rate-25%
Sales Tax Rate-1%

Top Income Tax 5%
Property Tax 10%
Necessities Tax(water,food, clothes etc.) 3%
Entertainment Tax 0%

This nation basically relies on the goodwill of the people to defend their freedoms. (https://www.nationstates.net/nation=satuga/detail=factbook/id=1188222)

75.5% Income Tax Rate

The Empire does not maintain an income tax, taxation is based on other things. The most common tax is the sales tax, which lays at 4% at the Imperial (Federal) level and varies at the Royal/Ducal (State) level between 2% and as high as 10%.

Income Tax (6 brackets)-Income to National Govt.:
Top- 35% (2,000,000+ F$M/year personal income)
Bottom- 8% (<10,000 F$M/year)

Sales Tax- Income split "state"/local/national, varies between state:
4% on common goods
6% on non-necessary luxuries
7.5% on common firearms
15% on alcohol, tobacco, and cannabis
20% on permit firearms

Property Tax- All income to "state"
2-5% of land and building value, depending upon region

All goods that aren't things that Fostoria lacks pay around a 3% import tariff.

Poor Income Tax: 25%
Rich income tax: 5%
Corporate Tax: 0%
Sales Tax: 1%

Income tax is progressive with tax rates ranging from 0% to 40% currently, with the top tax bracket set to increase to 60% by 2030.

The corporate tax rate is set at 35%.

Payroll tax is set at 30%.

VAT is set between 60% and 15%, depending on the item, with essential items having no VAT added.

Income tax: progressive, ranging from 0% to 40%.
Corporate tax: 5% federal tax; additional state taxes vary by state, ranging from 5% to 20%.
Sales tax: 12% (on all items).

Income tax: 3% to 50% (progressive)
Inheritance tax: 100%
Sales tax: 0%
Corporate tax: 0% to 33.3% (progressive)

Income Tax: 0% to 40%, depending on income:
0% for ≤ 1,600 sv
20% for ≥ 1,600 sv and ≤ 6,300 sv
40% for ≥ 6,300 sv
Corporate Tax: 25%
Sales Tax: 0 to 10%, depending on item type

Does not include additional provincial taxes.

• Corporate Tax: progressive, 5% - 20%
  
• Sales Tax: 2% (essential goods) | 8% (entertainment and other non-essential goods) | 12% (luxury goods) | 20% (alcohol, tobacco)
  
• Inheritance tax: 5%
  
• Income Tax: progressive, 0% - 35%

Federal Tax Rates:

Income Tax: 12.5% flat tax on all income of a household. (Various deductions, credits, and exemptions available).
Corporate Income Tax: 21.5%
Sales Taxes and Property Taxes are dependent on the state and county.

No PIT, CIT or VAT. There's a poll tax collected from adult individuals mothly, about 400 PLN

Central Govt. Tax Rates

Income: Progressive, from 0-45%

Corporate: Progressive, from 5-25%

VAT: 10% on most goods, 2.5% on food, fuel and medicine exempt

Sales Tax:
- everything sold within Kings Canyon is subject to a sales tax
- 4% on luxury branded items
- 10% on budget/generic branded items
Income Tax:
- flat tax that varies from year to year but is constitutionally capped at 10%
- currently 5.8%
Corporate Tax
- 2% for better than carbon neutral businesses
- 5% for carbon neutral businesses
- 10% for worse than carbon neutral businesses
Inhertiance & Capital Gains Tax
- if total inheritance = under $2,000,000,-2% tax credit
- if total inheritance = over $1,999,999, -0.05% tax credit
- 0.02% capital gains tax

We don't have taxes or proper currency. Our nation is anarcho-communist, and uses gift economies and barter.

income tax
$250,000 and above 55%
$100,000 to $250,000 35%
$40,000 to $100,000 28%
$10,000 to $40,000 12%
$10,000 and below 0%

Sales tax
6%

Corporate tax
25%

Capital gains tax
12%

For reference, the national currency in the Achaean Republic is the corcino (ACR). As of today, the corcino has an exchange rate of 1.91 ACR=1.00 USD. All prices will be shown in ACR.

Federal Income tax:

0 < 4,707.11 ACR: 7%
more than 4,707.11 but less than 13,075.11 ACR: 14%
more than 13,075.11 but less than 21,705.02 ACR: 21%
more than 21,705.02 but less than 32,165.27 ACR: 28%
more than 32,165.27 but less than 43,671.55 ACR: 35%
more than 43,671.55 ACR: 38%

State Income Tax: Levied on each state differently. Only five states and the Federal District of Muñíz have no state income tax.

Consumption taxes: 13 states use the sales tax; 13 states use the value-added tax (Impuesto sobre el Valor Añadido); only four states and the Federal District of Muñíz have no type of consumption tax.

Payroll taxes: Every Achaean worker pays for social security (Seguridad Social), state unemployment (Desempleo estatal), and basic health (Sanidad Básica). 50% are levied to the federal government; 50% are shared to the states.

Top income tax rate: 36% (natives and non-native residents), 50% (non-residents)
Corporate income tax rate: 15%
Capital gains tax rate: 15%
Sales tax rate: varies from 5-35%, standard rate of 22%.

More information can be found here.

Vallermoore wrote:Top Income Tax Rate-10% except in dire emergencies.
Top Corporate Tax Rate-25%
Sales Tax Rate-1%

OOC: I like it.

In Ghost Land, the income and corporate tax is currently 91% at the federal level alone, with states, counties, and cities also having the power to levy taxes. People who make over $20,000 greater than the average income pay a 100% tax rate. Sales tax varies depending on city, county, and state, but the federal minimum is 5% (in Central Spookville, the county that serves as the capital, it's 7.2%, for example).

Top Income Tax Rate: 28% (Charged on both labor income and capital gains)
Social Insurance Taxes: 8% (Includes both employer and employee halves)
Corporate Tax Rate: 0%
Sales Tax Rate: 0%

Ceranapis raises significant revenue from the land tax, a tax on the unimproved value of land. Land is taxed in the Georgist manner, at 100% of the rental value. Revenue is split between the national, state, and local governments. The country also levies a progressive income tax, and taxes for social insurance purposes.

The country levies a variety of other taxes as well. Such taxes include the carbon tax ($50 per tonne), the inheritance tax (65% on fortunes above $2M), and sin taxes on drugs and alcohol. While there is no national sales tax, many state and local governments levy sales taxes of between 4-8% in addition to local income taxes of 2-5%.

Income: 0%
Corporate: 0%
Sales: 0%

We're a tax-free haven, like Switzerland and Cayman Islands.