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Title: What is this place?
Description: Read first!!


Jacques de Beaufort - September 26, 2005 07:08 PM (GMT)
People of Alexandria,

I quote some parts of the New Alexandrian Financial and Economic Law.

QUOTE
XXXV. The ITA will be responsible for providing a Unique Taxing Identification Code (UTIC) to any person, human or legal, that wishes to incur in economic or financial activities within the Empire. The UTIC should be provided to the counterpart in every economic or financial transaction.


Every citizen and company has to ask for a UTIC in this agency to be able to participate in our economic simulation. You can do so by completing the UTIC forms.

QUOTE
Section VIII

XXIV. A 5% of the value of every property shall be paid every 3 months (Property Tax, or PT).

XXV. A 5% Personal Income Tax (PIT) shall be paid on the amount of money earned by a citizen each quarter.

XXVI. A 7% Business Income Tax (BIT) shall be paid on the amount of money earned by a company each quarter.

XXVII. A 1% of the value of each transaction shall be paid for every transaction made. This shall be known as the Transaction Tax (TT) and will be paid by the person doing the payment.

XXVIII. Any transact of any kind will require a fee of ®5 for processing. By transact we comprehend, registration of persons in the ITA, registration of properties in the PRA, registration of firms in the BRA, legal residence changes, etc.


QUOTE
XLIII. A citizen shall receive a bonus paid to their bank account by the government when they have posted a specified number of posts on the Alexandrian Message Boards. The bonuses shall be as follows:
Post Bonuses                                                ®
20th                                                            250
50th                                                            500
100th                                                          750
every subsequent 50                                    1000


To receive the post bonuses you need to apply for them, filling the form here.

Credit situation checks can be made. To do so just provide the Ministry with the UTIC of the person or company you want to check in a thread titled C-Check!, and we will respond in no time.

Well, any question regarding taxes, bonuses, credit checks or UTIC, write a post titled "Aide".

Sincerely,




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