The Kingdom of The North Pole has no strict taxation laws for its citizens/residents
Citizens/Residents can voluntarily pay taxes to The Kingdom of The North Pole. No benefits shall be awarded to those who choose to pay the tax. (Citizens/Residents should always pay taxes to their home country/country of residence if applicable)
The Kingdom of The North Pole has a flat tax rate for all companies residing within our territory, This being a flat rate of 20% on all profits. Therefore companies which do not profit shall pay zero taxes. Companies with profits under a £50,000 threshold shall pay have a smaller tax bracket of 10% to promote growth of the business.
[Not Yet Discussed]
[Not Yet Discussed]
The Kingdom of The North Pole believes that utilising wind, solar and biomass energy provide sufficient power while also being flexible enough to provide more power during times of high demand for the minimalist lifestyle that we champion.
We have a strong belief that the quality of life enjoyed by the human race is inseparable from the health of the planet. We believe that Pollution, deforestation, depletion of natural resources, and overfishing are all forms of environmental damage which we can cut down on.
The Kingdom of The North Pole is an Absolute Monarchy, Due to the population size of our nation the need for a government made up of many people just isn't viable at this time. However, in future years this may change to a parliamentary system as used in the United Kingdom with some differences.
The Kingdom of The North Pole uses the North Pole Dollar as the national currency, However, USD, GBP, EUR, CAD, NZD and AUD are all usable and accepted (Other currencies can and will be used on a case by case basis). The North Pole Dollar is backed by the Kingdoms Treasury.
The Kingdom of The North Pole stands by Matthew 7:12 “Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets.” (So in everything, do to others what you would have them do to you, for this sums up the Law and the Prophets)
We abide by the Universal Declaration of Human Rights
[To Be Discussed]