B-001: Taxation Free Small Business Act 1684

[Speaker Rejo]

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 75100 employees or less."
-The figure for number of employees can be adjusted by the local government from between 50 to 10075 to 125.
-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.   

Parliament will now come to order to consider this bill, presented by the Prime Minister on behalf of the Government. 

The Chair now recognizes The Prime Minister.