Taxation Free Small Business Act 1684 - Printable Version +- The Republic of Alduria (https://www.alduria.cc/forum) +-- Forum: Archives (https://www.alduria.cc/forum/forumdisplay.php?fid=45) +--- Forum: General Archives of the Republic of Alduria (1669-1685 AN) (https://www.alduria.cc/forum/forumdisplay.php?fid=46) +---- Forum: Palace of Parliament, Punta Santiago (https://www.alduria.cc/forum/forumdisplay.php?fid=24) +----- Forum: The Parliament of Alduria (https://www.alduria.cc/forum/forumdisplay.php?fid=25) +------ Forum: The Hopper (https://www.alduria.cc/forum/forumdisplay.php?fid=27) +------ Thread: Taxation Free Small Business Act 1684 (/showthread.php?tid=559) |
Taxation Free Small Business Act 1684 - Marco Zimmer - 05-10-2020 Taxation Free Small Business Act, 1684 An Act to bring tax relief for small businesses; among other purposes. BE IT ENACTED by the duly elected Parliament of the Republic of Alduria assembled, - Article 1.Citation. -This act will be referred to as ‘The Taxation Free Small Business Act, 1684.’ -This act shall apply to the entire Republic of Alduria. Article 2.Definition of a small business. -Under this act, a Small Business is defined as "small businesses are privately owned corporations, partnerships, or sole proprietorships that have 75 employees or less." -The figure for number of employees can be adjusted by the local government from between 50 to 100. -These small businesses will not be forced into paying Corporation Tax. Article 3.Eligibility. -All small business aside from business in healthcare (unless they provide free service), electricity companies, and gas companies; -Any business that attempts to exploit loopholes or fire employees on purpose to achieve the tax free figure of employees will not be eligible to become taxation free. -Any business with a poor workers rights record can be rejected by local government after investigation. -During investigation taxation on said business taxation levels will stay normal. Article 4.Severability. -This act shall not become law until the end of the second financial quarter after the passage of this Act. -The provisions of this act are severable. If any part of this act is declared invalid or unconstitutional, that declaration shall not affect the part which remains. |