Monday, 22 August 2016

Taxation Review

As in any society, taxation is a controversial topic in Nilkawt.  In fact, it is almost a taboo to talk about taxation at all in much of the world.

As a steady-state economy, with no foreign debt in either a public or private form, and with a highly productive and stable population in more ways than one, Nilkawt leads the world in many positive respects.

Yet a taxation review often occurs in secret in Nilkawt at least three times a year.  To have a public taxation review, such as the one about to occur, is certainly unusual.

In Nilkawt, taxation is currently intertwined with citizenship.

Theories of taxation are taught at the Twaklinian School of International and Constitutional Law and Peace.

To ensure all levels of government in Nilkawt can run as smoothly as possible, Nilkawtians are prompt with the payment of their taxes.

There has been much speculation within the government as to whether the system of honours should be expanded for revenue-raising purposes.

Taxation in Nilkawt is a significant wealth distribution measure.

The Dada School of Management teaches its students about international tax practices.

Encouraging participation in seasonal work has never been much of a problem in Nilkawt, regardless of the tax implications for the non-Nilkawtian workers.

The Nilkawtians have been promoting more open international relations in recent years along with the improvement and expansion of its state enterprises.

Anyone wishing to make a submission to the Nilkawtian Taxation Review will be required to pay a Review Fee equivalent of 30% of their annual salary.