Difference between revisions of "Income tax"
From eRepublik Official Wiki
m (Minor fix) |
|||
| Line 1: | Line 1: | ||
| − | {{LangMenu}} | + | {{LangMenu}}{{-}} |
| − | Income tax is a tax set forth by the [[Country administration]] that is deducted from wages received by employees. Tax revenue is added to the country | + | '''Income tax''' is a tax set forth by the [[Country administration]] that is deducted from wages received by employees. Tax revenue is added to the country [[Treasury]]. |
| − | + | ||
| − | + | ||
| − | + | ||
| + | ;Example: ''If an employee works for a food company for a '''$5.00 wage''', and the '''income tax''' rate for food companies is '''5%''', then the employee would receive '''$4.75 net wage'''.'' | ||
Tax rates can be viewed by clicking on the [[Economy]] tab on [[Country stats]]. | Tax rates can be viewed by clicking on the [[Economy]] tab on [[Country stats]]. | ||
| − | + | ==See also== | |
| − | ==See | + | |
*[[Import Tax]] | *[[Import Tax]] | ||
*[[VAT]] | *[[VAT]] | ||
Revision as of 13:26, 8 August 2013
| Languages: |  |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income tax is a tax set forth by the Country administration that is deducted from wages received by employees. Tax revenue is added to the country Treasury.
- Example
- If an employee works for a food company for a $5.00 wage, and the income tax rate for food companies is 5%, then the employee would receive $4.75 net wage.
Tax rates can be viewed by clicking on the Economy tab on Country stats.
