Bill: Draft Property Tax Act 2.0

DoubbleKerius

Moderator
Staff member
Moderator
Prime Minister
Minister of Economy
Department of Internal Development
Department of Public Affairs
Lawyer
Donator
DoubbleKerius
DoubbleKerius
Prime Minister
Property Tax Act

The Parliament of Stratham enacts:

Section 1. Property Tax Act

1. This Act is the Property Tax Act.


Section 2. Commencement

1. Provisions shall come into effect upon the 1st of February.

Section 3. Purpose and Reasoning

1. To establish the Property Tax laws, regulations and procedures.


Section 4. Property Tax

1. Property Tax is a tax linked to individual properties, required to be paid by Property Owners to the Government.

2. This tax applies to the Capital City and the Suburbs only.

3. If towns and cities wish to establish this tax, the Town/City Mayor will have to request the creation of a bill labeled (Town/City Name) Property Tax.


Section 5. Property Tax Calculation

1. The Monthly Tax will be calculated by multiplying the Plot Value and the Tax Percent.
(a) The Plot Value will be equal to the plot’s Selling payback value, which can be found by using the /as info region command.
(b) The Tax Percent will be equal to 10% for non-Registered Business owners.
(c) For any citizen who is a Registered Business owner and has the CEO title, the Tax Percent will be reduced to 7%.

2. The Total Monthly Tax will be a sum of all Monthly Tax amounts for all eligible plots owned by the Property Owner.


Section 6. Property Tax Procedure

1. The Department of Economy will be responsible for collecting the Property Tax payments.
(A) Property Owners are required to pay their Total Monthly Tax.
(C) If a player fails to pay property tax The Department of Economy may pursue legal action in the court of law against the Property Owner to reclaim owed Krunas, either by a fine or prison time, with the crime being Property Tax Evasion.

2. The Department of Economy will be responsible for contacting Property Owners about their tax payment via a tax bill delivered by in-game mail. The tax bill must contain the following information:
  1. The names of properties that were taxed.
  2. The Total Monthly Tax amount.
(c) The Department of Economy may decide to add more information to the tax bills if needed.


Section 7. Tax Evasion

1. Property Tax Evasion is prohibited in any form.
(a) Tax Evasion is defined here as a purposeful avoidance to pay the tax (partially or in full).

2. If the Department of Economy has a reason to believe that a citizen is committing Property Tax Evasion, they may take it to a court of law.

3. Citizens convicted of Property Tax Evasion shall be prohibited from owning property in the Capital City and its Suburbs for 2 weeks and fined with up to 10,000 Krunas.
(a) If a citizen convicted of Property Tax Evasion cannot pay the fine, they will be required to spend 5 minutes per 1000 Krunas they cannot pay in prison.
(b) Citizens convicted of Property Tax Evasion may request to spend prison time over paying the fine if they choose to.

Authored by DoubbleKerius & LazyGraepe
 
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